The right answer is Option D: $1290
Step-by-step explanation:
Given,
Amount that can be spent on rent = 30% or less
Take home pay per year = $51600
As 30% is the maximum amount that can be spent on rent, therefore,
Amount of rent per year = 30% of pay per year
Amount of rent per year = [tex]\frac{30}{100}*51600[/tex]
Amount of rent per year = [tex]0.3*51600[/tex]
Amount of rent per year = $15480
As this amount is for one year, we will divide it by 12 to find the amount of one month.
Amount of rent per month = [tex]\frac{15480}{12}[/tex]
Amount of rent per month = $1290
The maximum amount Virgil can spend on rent in one month is $1290.
The right answer is Option D: $1290
Keywords: percentage, division
Learn more about percentages at:
- brainly.com/question/10046556
- brainly.com/question/100704
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