Question: Carl s house payment is $ 3 , 0 4 5 per month and his car payment is $ 1 , 0 1 5 per

Carls house payment is $3,045 per month and his car payment is $1,015 per month. If Carl's take-home pay is $5,800 per month, what percentage does Carl spend on his car payment?

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:

Dave Banks, a resident taxpayer aged 58, was employed by Cool Brick Ice Creamery until 17 June 2019 when his position became redundant. Dave had total employment with the company of 20 years and 11...

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:

help me fill in the blanks! The trial balance for Cookie Creations as on December 31, 2018 is as follows: COOKIE CREATIONS Post-Closing Trial Balance December 31, 2018 Account Debit Credit Cash...

Q:

need help filling this out! thank you! Because Natalie has had such a successful first few months, she is considering other opportunities to develop her business. One opportunity is the sale of fine...

Q:

3 . Suppose that you are seeking to purchase a 1 0 - acre lot with the intention of subdividing the lot and building 4 0 houses on the lot. You anticipate the purchase price of the parcel will be \ (...

Q:

Accounting Spreadsheet Assignment Credit Card You went on a binge. You've heard the old saying, "If you play, you're going to have to pay." The day of reckoning has arrived. Your current credit card...

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:

Salaam sir, You have helped me previously with a tax return problem, and now I have another problem set that builds upon the previous problem. I am wondering if you can take a look at the attached...

Q:

Use the demographic file of information page to choose the following (click HERE for the file): Marital status (remember this is some future time) Income (include spouse) Housing status from choice...

Q:

Question 11 pts Which of the following is true in regards to sales taxes, real estate property taxes, and personal property taxes? Group of answer choices None of these taxes are imposed by the...

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:

Find the change in volume of an aluminum sphere with an initial radius of 10 cm when the sphere is heated from 0.0oc to 100oc.

Q:

Consider two mutually exclusive investment projects, each with MARR = 12%, as shown in Table P5.41. (a) On the basis of the NPW criterion, which alternative would be selected? (b) On the basis of the...

Q:

The Securities Act of 1 9 3 3 Mutiple Choice regulates the auditing of financial statements for publicly traded companies. limits the financial liability of independent auditors except in the case of...

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...