7
QuizMultiple Choice

Components of Renting — Quiz

Question 7 • Financial Algebra/Mathematics

Zahara earns $2,745 per month. She has monthly expenses of $1,089 excluding rent. She does not want her rent to exceed 40% of her monthly income. What is the max amount she is willing to spend on rent each month?

Answer
A
$1,098
B
1 dollars comma 656
C
$435.60
D
$1,647

Explanation

The rent limit is 40% of Zahara’s monthly income: $2,745 × 0.40 = $1,098. Her $1,089 in other expenses does not change that stated rent cap. The maximum she is willing to spend on rent is $1,098 per month.

AI-written and checked against the verified answer.

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