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A common rule is that housing expenses should not be more than 28% of your monthly income. Your monthly income is $3,200. How much can you spend on housing?

A common rule is that housing expenses should not be more than 28% of your monthly income. Your monthly income is $3,200. How much can you spend on housing?
asked 73.5k views
1 vote
A common rule is that housing expenses should not be more than 28% of your monthly income. Your monthly income is $3,200. How much can you spend on housing?

asked
User Cmrhema
by
7.4k points

2 Answers

1 vote

Answer:

896

Explanation:

answered
User Xwlee
by
8.5k points
0 votes
I believe it would be $896
answered
User Cyebukayire
by
8.0k points
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