Question

Nina's monthly budget is $2,250. Every month she makes the following payments: $175 for insurance, $129 for utilities, $283 for taxes. Which is the highest house payment she can afford?

A.) House A - monthly payment: $1,580.89.
B.) House B - monthly payment: $1,790.25.
C.) House C - monthly payment: $1,989.23.

Answer 1

The total costs that Nina would have to pay is the sum of the cost of insurance, utilities, and taxes.
                               C = $175 + $129 + $283 = $587
The highest house payment she could afford is then the difference between her budget and the costs,
                                  P = $2,250 - $587 = $1663
Thus, the answer would be letter B. House B because all the rest of the monthly payment are way over her budget. 

Answer 2

The highest house payment she can afford is $1663.

Which is the highest house payment she can afford?

The first step is to determine the total value of her payments: 175 + 129 + 283 = $587

The second step is to subtract $587 from $2250: $2250 - $587 = $1663

To learn more about subtraction, please check: https://brainly.com/question/854115

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