Pablo's annual gross income is $53,550. He pays 28% of his monthly gross earnings in federal and state taxes
and spends 10% of that monthly income to pay off his credit card debt. Pablo is also paying off a car loan with
8% of his income per month. Pablo found an apartment near his work that rents for $1,800 per month. Can
Pablo afford the apartment, if he follows the 25% rule? Show your work to support your answer. ASAP
