Your housing and fixed expenses are $685.70/month. If they are 33% of your realized income, how much is your realized income per month?

Answer 1

Let X be the realized income per month.

We can set up the equation:
0.33*X = 685.70

Divide both sides by 0.33 to solve for X:
X = 685.70 / 0.33
X = 2078.7879

Therefore, the realized income per month is approximately $2078.79.