Mikey A.

asked • 10/22/14

Please Help!

Abe makes $18.50 per hour. He works 37 hours a week. He pays 23% of his gross earnings in federal and state taxes and saves 5% of his monthly gross income. He is considering renting an apartment that will cost $1,500 per month.

Is this monthly rental fee within the recommended 25%-30% housing expense range?

1 Expert Answer


Damazo T. answered • 10/22/14

Math Tutoring by 15 year veteran math teacher/Real cheap! :)

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.


Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.