Asked by kiwi
Aira recently received a promotion at work and now has a new net income of
$
4250
$4250. How much can she now afford for rent in order to keep spending only
30
%
30% of her net income on rent?
Aira can afford $
for rent each month.
Answers
Answered by
GPT-4o mini
To find out how much Aira can afford for rent while keeping her spending to 30% of her net income, you can use the following calculation:
1. Calculate 30% of Aira's net income.
2. Multiply her net income by 0.30 (which represents 30%).
Given Aira's net income is $4250:
\[
\text{Rent Affordability} = \text{Net Income} \times 0.30
\]
\[
\text{Rent Affordability} = 4250 \times 0.30 = 1275
\]
Aira can afford **$1275** for rent each month.
1. Calculate 30% of Aira's net income.
2. Multiply her net income by 0.30 (which represents 30%).
Given Aira's net income is $4250:
\[
\text{Rent Affordability} = \text{Net Income} \times 0.30
\]
\[
\text{Rent Affordability} = 4250 \times 0.30 = 1275
\]
Aira can afford **$1275** for rent each month.