Pete's monthly housing budget is $2,250. His monthly costs are $215.75 for insurance, $143.50 for utilities, and $273 for taxes. Which of these houses has the highest monthly payment he can afford?
A.
house A; monthly payment of $1,327.18
B.
house B; monthly payment of $1,550.89
C.
house C; monthly payment of $1,790.25
D.
house D; monthly payment of $1,989.23

Question

Pete's monthly housing budget is $2,250. His monthly costs are $215.75 for insurance, $143.50 for utilities, and $273 for taxes. Which of these houses has the highest monthly payment he can afford?
A. 
house A; monthly payment of $1,327.18
B. 
house B; monthly payment of $1,550.89
C. 
house C; monthly payment of $1,790.25
D. 
house D; monthly payment of $1,989.23

michaellopez · Answer

well what is his monthly budget

Mercury · Answer

the total amount he can spend on housing is $2250 as indicated by his budget

from this amount, subtract the taxes, utilities, and insurance. the remaining is the amount he can spend on the monthly payment. find the highest payment that is still below this amount.