Brainliest + points! explain

joseph makes an annual salary of $29,000 a year. apply the rule of housing to determine his monthly housing budget.

a.
$483.33

b.
$604.17

c.
$5,800

d.
$7,250

Annual Salary of Joseph = $ 29,000

The rule of housing states that 28% of your income should be used for housing budget.

28% of $ 29,000

it is yearly payment by Joseph.

Monthly Payment made by Joseph

So, monthly payment should not exceed $ 676.67.

Option B: $ 604.17 is correct among four options provided.

add 5 subtract 1

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