Question: Carl s house payment is $ 2 , 1 3 9 per month and his car payment is $ 7 3 6 per month. If

Carls house payment is $2,139 per month and his car payment is $736 per month. If Carl's take-home pay is $4,600 per month, what percentage does Carl spend on his home? (Enter your answer as a percent rounded to 1 decimal place.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

1. Jane wants to get a loan to buy a car. The loan amount will be $15,000. The loan is for 5 years at an annual interest rate of 5.0%. How much is Jane's monthly loan payment going to be? 2. Donny is...

Q:

This math project for business math 1324 is due by midnight and i have no idea how to do it. Please help! District manager Part 1 Find the following from the students specicicintormation pronded...

Q:

Please answer all or none 1. Marie can afford a house payment (principle and interest) of $1,200 per month. Her bank is willing to give her a rate of 3.22% APR on a 15 year fixed mortgage. What is...

Q:

QUESTION 1: After 10 years of marriage, Ashley and Charles have decided to separate. Charles will take the custody of the children and will stay home for the next 8 years. Since Charles will have no...

Q:

could you please do questions 15-20? Dream car (out of 5 points) Dream house (out of 5 points) Dream Job (out of 5 points) Wrangler which costs $41000 $5999000 in wa child life specialist where you...

Q:

1. Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation that last several years? a.) Older, working couples saving for retirement....

Q:

House Purchase Project 1. Assume 0 (that would be zero) closing costs for this case. These will just magically appear when needed. 2. You will not need to calculate any INCOME taxes. Assume there are...

Q:

Case Study: Lam & Cara Nguyen This case study is to develop your ability to analyze, calculate credit cost, and choose the best credit options. Objectives: After completing this case study activity,...

Q:

Microsoft Excel Assessment Tom is evaluating his monthly bills to determine the effect of changes he could potentially make to his monthly expenses to help him pay off his loan from his rich Uncle....

Q:

Carl s house payment is 1 610 per month and his car payment is 468 per month If Carl s take home pay is 3 500 per month what percentage does Carl spend on his home and car Enter your answer as a...

Q:

What are the two main problems identified with prototyping?

Q:

What is the range of average monthly precipitation in this temperate deciduous forest? How does this compare to precipitation fluctuations in a temperate rain forest (facing page)?

Q:

The only value - added component of throughput time is time. ( Enter only one word per

Q:

Pharoah Company reported the following amounts for 2022: Raw materials purchased $95,200 Beginning raw materials inventory 5,824 Ending raw materials inventory 5,040 Beginning finished goods...