Question

Lydia makes $7,000 per month in New York City at her interior design company. She can't spend more than 25% of her income on the one bedroom apartment she's looking for

Answer 1

Answer:

The maximum amount that Lydia can spend on a one-bedroom apartment is $ 1,750.

Step-by-step explanation:

Given that Lydia makes $ 7,000 per month in New York City at her interior design company, and that she can't spend more than 25% of her income on the one bedroom apartment, to determine the maximum amount of money that she can spend must be made the following calculation:

7,000 x 0.25 = X

1,750 = X

Thus, the maximum amount that Lydia can spend on a one-bedroom apartment is $ 1,750.