Question

If Jeremiah Drew’s monthly net pay is $6,320, what is the maximum housing cost per month he can incur without exceeding FHA guidelines of 35% of net pay? (Enter your answer to the nearest dollar.)

Answer 1

@Compassionate

Answer 2

@AnswerMyQuestions

Answer 3

35% is the same as 0.35, so multiply his monthly net pay by 0.35.

Answer 4

$2,212 thank you :)