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17 April, 09:55

Hannah's monthly housing budget is $1,750. Her monthly costs are $230 for insurance, $98 for utilties, and $250 for

taxes. Which of these houses can she afford?

Ob

house A; monthly payment of $1,300

house B; monthly payment of $1,200

house C; monthly payment of $1,100

с

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Answers (1)
  1. 17 April, 12:15
    0
    The house which Hannah's can afford is whose monthly payment is below $ 1,172, I. e House C of $ 1,100

    Step-by-step explanation:

    Given as:

    The monthly housing budget of Hannah's = $ 1750

    The insurance monthly cost = $ 230

    The cost for utilties = $ 98

    The taxes she pay = $ 250

    So, The amount of Hannah's expenses = The insurance monthly cost + The cost for utilties + The taxes she pay

    Or, The amount of Hannah's expenses = $230 + $98 + $250 = $578

    Now, The remaining amount for housing budget = $ 1750 - $ 578

    ∴ The remaining amount for housing budget = $ 1,172.

    Hence The house which Hannah's can afford is whose monthly payment is below $ 1,172, I. e House C of $ 1,100 Answer
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