Question

Main Expenses You plan on making payments on a new car too. You want to spend 15% of your monthly net pay on the car payment, insurance, registration, and taxes combined. What is your monthly car allowance? $149.46 $298.91 $448.37 $597.83

Answer 1

the answer is $ 448.37

Answer 2

The monthly car allowance is $ 448.37 .

What is Percentage ?

A percentage is a number or a ratio that denotes a fraction of a whole number.It is represented by % .

It is given in the question that

You want to spend 15% of your monthly net pay on the car payment, insurance, registration, and taxes combined.

your monthly net pay is $2989  

Then the monthly car allowance can be determined by

15% of $2989 = ?

15 * 2989 / 100 =$ 448.37

Therefore the monthly car allowance is $ 448.37 .

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