Ask a New Question
Menu

To be eligible for a car loan, Melissa's monthly rent and utilities cannot exceed 30% of her take-home pay. Use the information below to determine whether Melissa is eligible for the loan.

Gross paycheck-$3950
Net paycheck (after taxes)-$3260
Rent-$925
Utilities-$150

1 answer

STOP!

Stop spamming the Jiskha Homework Help Forum!

We are here to help students, not answer twenty questions in a row!
Similar Questions
  1. hich of the following is a variable expense for many adults?Question 4 options: Their monthly cost of eating out at restaurants
    1. answers icon 1 answer
  2. Which of the following is a variable expense for many adults?Question 5 options: Their monthly cost of eating out at restaurants
    1. answers icon 1 answer
  3. Which of the following is a long-term financial goal?(1 point)Responses paying rent for an apartment paying rent for an
    1. answers icon 1 answer
    1. answers icon 1 answer
more similar questions