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Answer :
The correct answer choice is C. 3700. The maximum amount Tabitha should spend on rent per month is approximately $3700.
To determine the maximum amount that Tabitha should spend on rent per month, follow these steps:
Find Tabitha's Weekly Pay:
- Tabitha's annual pay is $44,400.
- There are 52 weeks in a year, so we divide her annual pay by 52 to find her weekly pay.
- Weekly pay = $44,400 / 52 ≈ $853.85.
Calculate the Monthly Maximum Rent:
- On average, a month has about 4.33 weeks (since 52 weeks divided by 12 months is approximately 4.33).
- To find the monthly maximum she should spend on rent, multiply the weekly pay by the average number of weeks in a month.
- Monthly maximum rent = $853.85 × 4.33 ≈ $3700.
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Option C. The maximum amount Tabitha should spend on rent per month is approximately $3700
Calculate her weekly pay
- There are 52 weeks in a year.
- Tabitha's annual salary is $44,400.
- Therefore, her weekly pay is:
Weekly Pay = 44,400/52 = 854.62
Calculate the maximum amount she should spend on rent per week
Following the rule of spending no more than one week's pay on rent, Tabitha's maximum rent per week is approximately $854.62.
There are about 4.33 weeks in a month (52 weeks divided by 12 months).
- Thus, her maximum monthly rent can be calculated as:
Monthly Rent = Weekly Rent * 4.33
Monthly Rent = 854.62 * 4.33 = 3,692.04
