Answer:
$431.36 is budgeted for rent.
Step-by-step explanation:
Given:
Madison’s monthly salary is $1348.
Her budget for rent is 32% of salary.
Now, to find the amount budgeted for rent.
So, salary = $1348.
And, budget for rent = 32% of $1348.
Thus, the budgeted for rent is:
[tex]32\%\ of\ \$1348.[/tex]
[tex]=\frac{32}{100} \times 1348[/tex]
[tex]=0.32\times 1348[/tex]
[tex]=\$431.36.[/tex]
Therefore, $431.36 is budgeted for rent.