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Mathematics, 05.02.2021 18:40 thesarav

George makes $30 an hour and works 31 hours a week. He pays 23% of his gross earnings in federal and state taxes and saves 15% of his monthly gross income. He is considering renting an apartment that will cost $900 per month. A. Is this monthly rental fee within the recommended 25-30% housing expense range?

B. Based on his expenses, can he make the monthly payments?

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