What is the process to get this answer?

Annie spends $600 a month on rent and makes $25,000 per year. To the nearest percent, what percent of her income does she spend on rent?

Answer: 29%

2 answers

First, multiply: $600 * 12 = $7200

She spends $7200 a year on rent.

Next, divide: 7200 by 25,000 = 0.288

Convert the decimal to a percentage: 0.288 = 29%
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