If your annual salary is $37,350 and your housing budget is 24%, How much is your yearly housing cost?

Answer :

Answer:

  • $8964

Step-by-step explanation:

Annual salary is $37350

Housing budget is 24%

Housing cost:

  • $37350*24/100 = $8964

Answer:

$8,964

Step-by-step explanation:

Given:

  • Annual salary = $37,350
  • Housing budget = 24%

To find the yearly housing cost, calculate 24% of the annual salary:

[tex]\begin{aligned}\implies \sf Yearly\:housing\:cost & = \sf 24\% \:of\:37350 \\\\& = \sf \dfrac{24}{100} \cdot 37350\\\\& = \sf \dfrac{24 \cdot 37350}{100}\\\\& = \sf \dfrac{896400}{100}\\\\& = \sf 8964\end{aligned}[/tex]

Therefore, the yearly housing cost is $8,964.

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