Ask a New Question
Menu

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.

1 answer

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.