## A common rule is that housing expenses should not be more than 28% of your monthly income. Your monthly income is $3,200. How much can you s

Question

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## Answers ( No )

Answer:b.$896.Step-by-step explanation:We have been given that a common rule is that housing expenses should not be more than 28% of your monthly income. Your monthly income is $3,200.

To find the amount of money we can spend on housing, we need to figure out 28% of $3200.

Therefore, we can spend $896 on housing and option ‘b’ is the correct choice.$3,200ยท0.28=$896

The answer is

B.