QUESTION IMAGE
Question
question 3 of 25
bernardo heard that as a general rule, he should spend no more than one weeks pay on rent. if bernardos pay is $34,800 per year, what is the maximum amount per month that he should spend on rent?
a. $1044
b. $2900
c. $669
d. $2030
Step1: Calculate weekly pay
There are 52 weeks in a year. Divide the annual pay by 52 to get the weekly pay. So, the weekly pay $=\frac{34800}{52}= 669.23\approx669$ (rounded to the nearest whole - number). This is the maximum amount he should spend on rent per week. Since the question asks for the maximum amount per month, and we initially used the weekly - pay rule, we need to note that the rule is based on weekly pay and we are not looking for monthly pay from annual pay directly but from weekly pay.
Step2: Analyze the options
We calculated the weekly pay as approximately $669$. This is the maximum amount he should spend on rent per week. The question is likely a mis - framing as if we were to calculate monthly pay from annual pay directly ($\frac{34800}{12}=2900$), it would be wrong as per the rule of spending based on weekly pay. The maximum amount per week is $669$.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
C. $669$