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Mathematics, 03.12.2021 21:40 fsdfsf

Rex makes 12.50 per hour. He works 35 hours a week. He pays 24% Of his gross earnings in federal and state taxes and saves 10% of his monthly gross income. He is considering renting an apartment that will cost 1600 per month. A. Is this monthly rental fee within the recommended 25%-30% housing expense range?

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

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