Rent Calculation Quiz

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Questions and Answers

Which equation can be used to find x, the amount Emilio should spend on rent if he makes $2,000 per month?

  • x = 0.5 * 2000
  • x = 0.3 * 2000 (correct)
  • x = 0.7 * 2000
  • x = 0.2 * 2000

What is the recommended percentage of income that should be spent on rent according to the wise financial principle?

  • 20%
  • 10%
  • 40%
  • 30% (correct)

If Emilio makes $3,500 per month, how much should he spend on rent according to the wise financial principle?

  • $1,050
  • $1,400 (correct)
  • $2,100
  • $2,800

¿Cuál de las siguientes ecuaciones se puede utilizar para encontrar x, la cantidad que Emilio debería gastar en alquiler si gana $2,000 al mes?

<p>x = 0.3 * 2000 (B)</p> Signup and view all the answers

¿Cuál es el porcentaje recomendado de ingresos que se debe gastar en alquiler según el principio financiero sabio?

<p>30% (A)</p> Signup and view all the answers

Si Emilio gana $3,500 al mes, ¿cuánto debería gastar en alquiler según el principio financiero sabio?

<p>$1,050 (D)</p> Signup and view all the answers

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