5. Inez heard that as a general rule, she should spend no more than 30% of her take-home pay on rent. If Inez's take-home pay is $46,800 per year, what is the maximum amount per month that she should spend on rent? $1404 $1170 $2730 $3900

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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5. Inez heard that as a general rule, she should spend no more than 30% of her take-home pay on rent. If Inez's take-home pay is $46,800 per year, what is the maximum amount per month that she should spend on rent?

$1404

$1170

$2730

$3900

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