Question

your housing and fixed expenses are 702.38 month what is your realized income for the month if you fixed expenses are account for 30%.

Answer 1

$2,341.27

Explanation:

I had it on a test :)

Answer 2

$2,341.27.

Explanation:

Let x represent realized income for month.

It has been given that your housing and fixed expenses are 702.38 month. We are asked to find your realized income for the month if your fixed expenses are account for 30%.

This means that 30% of x is equal to $702.38. We can represent this information in an equation as:

`30\%\text{ of }x=\$702.38`

`(30)/(100)*x=\$702.38`

`0.30x=\$702.38`

`(0.30x)/(0.30)=(\$702.38)/(0.30)`

`x=\$2,341.2666`

`x\approx \$2,341.27`

Therefore, your realized income for the month would be approximately $2,341.27.