Question

Tabitha heard that as a general rule, she should spend no more than one week's pay on rent. If Tabatha's pay is $44,400 per year, what is the maximum amount per month that she should spend on rent?

Answer 1

If her pay is 44,400 a year, and there are 12 months in a year, then..

44,400 / 12 = $3,700

So the maximum amount per month that she should spend on rent is $3,700. @Survivor