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Abe makes $18.50 per hour. He works 37 hours a week. He is considering renting an
apartment that will cost $1,500 per month. (Assume there will be 4 weeks per month.)
What percent of his gross monthly income would the $1500 monthly rent be? Round the
percent to the tenths place.

Respuesta :

anbu40

Answer:

54.8%

Step-by-step explanation:

Abe earns $18.50 per hour, and he is working 37 hours a week. To find the earning of a week, multiply 18.50 by 37.

Weekly earnings = 18.50 *37

                             = $ 684.50

A month has 4 weeks. To find the monthly earnings, multiply 684.50 by 4,

Monthly earnings = 684.50 * 4

                             = $ 2738

[tex]\sf \text{Percent of his gross income to the monthly earnings = $ \dfrac{Monthly \ rent}{Monthly \ earnings} *100$}[/tex]

                                                                                 [tex]\sf = \dfrac{1500}{2738}*100\\\\\\= 54.78\\\\= 54.8 \%[/tex]

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