Question
If Tara spends $219 a month for her car payment and she makes $3,200 a month, what percent of her monthly income is spent on her car payment?
Question 7 options:
A)
6.8%
B)
.68%
C)
680%
D)
8.6%
Question 7 options:
A)
6.8%
B)
.68%
C)
680%
D)
8.6%
Answers
GPT-4o mini
To find out what percent of Tara's monthly income is spent on her car payment, you can use the formula:
\[
\text{Percentage} = \left( \frac{\text{Car Payment}}{\text{Monthly Income}} \right) \times 100
\]
Substituting in the values:
\[
\text{Percentage} = \left( \frac{219}{3200} \right) \times 100
\]
Calculating the fraction:
\[
\frac{219}{3200} \approx 0.0684375
\]
Multiplying by 100 to get the percentage:
\[
0.0684375 \times 100 \approx 6.84375\%
\]
Rounding to one decimal place, this is approximately 6.8%.
So the correct answer is:
**A) 6.8%**
\[
\text{Percentage} = \left( \frac{\text{Car Payment}}{\text{Monthly Income}} \right) \times 100
\]
Substituting in the values:
\[
\text{Percentage} = \left( \frac{219}{3200} \right) \times 100
\]
Calculating the fraction:
\[
\frac{219}{3200} \approx 0.0684375
\]
Multiplying by 100 to get the percentage:
\[
0.0684375 \times 100 \approx 6.84375\%
\]
Rounding to one decimal place, this is approximately 6.8%.
So the correct answer is:
**A) 6.8%**