Krishmamuradi
Krishmamuradi Krishmamuradi
  • 09-04-2018
  • Mathematics
contestada

Roger makes $42,000 a year. What is the maximum amount he can afford for a mortgage each month? A. $825 B. $875 C. $850 D. $890

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sqdancefan
sqdancefan sqdancefan
  • 11-07-2021

9514 1404 393

Answer:

  B.  $875

Step-by-step explanation:

If Roger spends 1/4 of his gross salary on his mortgage, he can afford up to ...

  $42000/12 × 1/4 = $42000/48 = $875

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