Jessica decided to use 15% of her gross income for her down payment for a house. she makes 48,960.00 per year. how much money did jessica's budget allow for the down pyment

Step-by-step explanation:

Let x be the amount of 15% of gross income.

Given:

Jessica gross income = 48,960.00

She decided to use 15% amount as down payment.

We need to find the amount of 15% of gross income.

Solution:

Using percentage formula.

Now we substitute 15 in the place of percentage and 48,960 in the place of Total value.

Now, we apply cross multiplication rule.

Therefore: Down payment is 7,344.

$650 per month plus utilities

step-by-step explanation:

just based on the info you gave, it would seem more cost effective to rent at $650 per month plus utilities.   if utilities are, in fact, $150 per month, your monthly living costs would be $800 as opposed to the other option of $825.