Question

Mr. Young is buying a house. He can spend no more than 29% of his income on monthly house payments If he earns $4,200 per month, what is the largest monthly house payment he can make?

Answer 1

$1218

Explanation:

Our info is that Mr. Young's monthly income is $4,200 per month. Now if we multiply this by .29 (the %29 percent he can spend) We get $1218