The rule of housing suggests that a person's monthly housing budget should be about 30% of their annual salary.
$60,000 * 0.30 = $18,000 per year for housing expenses
To find the monthly amount, divide the annual amount by 12 months:
$18,000 / 12 = $1,500 per month
Therefore, the appropriate monthly housing budget for Harper would be $1,500, which is not an option provided. The closest option is $1250, so the answer is:
B. $1250.
Harper makes an annual salary of $60,000 a year apply the rule of housing to determine her monthly housing budget
A. $1000.
B. $1250.
C. $2000.
D. $2500.
1 answer
1 answer