PLEASE HELP ASAP Remember, the average rent to income percentage is 25%.
Pablo’s annual gross income is $59,550. He pays 28% of his monthly gross earnings in federal and state taxes and spends 10% of that monthly income to pay off his credit card debt. Pablo is also paying off a car loan with 8% of his income per month. Pablo found an apartment near his work that rents for $1,800 per month. Will he be able to make the payments without changing the amounts he pays towards his loan and credit card debt?