Financial advisors recommend that a maximum of 22% of your monthly income be spent on vehicle expenses (total of car payment, car insurance, and maintenance/fuel). Nadias monthly income is $3200. She wants to take out a loan to buy a 2018 Kia Soul which would result in monthly vehicle expenses consisting of a $515 car payment, $78 car insurance, and $125 maintenance/fuel expenses. What percentage of Nadias monthly income would be spent on vehicle expenses if she purchases the 2018 Kia Soul? Round the percentage to one decimal place. % of her monthly income would go to vehicle expenses.

Financial advisors recommend that a maximum of 22% of your monthly income be spent on vehicle expenses (total of car payment, car insurance, and maintenance/fuel). Nadias monthly income is $3200. She wants to take out a loan to buy a 2018 Kia Soul which would result in monthly vehicle expenses consisting of a $515 car payment, $78 car insurance, and $125 maintenance/fuel expenses. What percentage of Nadias monthly income would be spent on vehicle expenses if she purchases the 2018 Kia Soul? Round the percentage to one decimal place. % of her monthly income would go to vehicle expenses.

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Description: Financial advisors recommend that a maximum of 22% of your monthly income be spent on vehicle expenses (total of car payment, car insurance, and maintenance/fuel). Nadias monthly income is $3200. She wants to take out a loan to buy a 2018 Kia Soul w

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Financial advisors recommend that a maximum of 22% of your monthly income be spent on vehicle expenses (total of car payment, car insurance, and maintenance/fuel). Nadias monthly income is $3200. She wants to take out a loan to buy a 2018 Kia Soul which would result in monthly vehicle expenses consisting of a $515 car payment, $78 car insurance, and $125 maintenance/fuel expenses.

What percentage of Nadias monthly income would be spent on vehicle expenses if she purchases the 2018 Kia Soul? Round the percentage to one decimal place.

% of her monthly income would go to vehicle expenses.

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