Q:

Hannah's monthly housing budget is $1,750. Her monthly costs are $230 for insurance, $98 for utilties, and $250 fortaxes. Which of these houses can she afford?Obhouse A; monthly payment of $1,300house B; monthly payment of $1,200house C; monthly payment of $1,100с

Accepted Solution

A:
Answer: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 = $ 1750The insurance monthly cost = $ 230The cost for utilties = $ 98The taxes she pay = $ 250So, 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 = $578Now, 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