Question

Harper makes an annual salary of $60,000 a year apply the rule of housing to determine her monthly housing budget

A. $1000.
B. $1250.
C. $2000.
D. $2500.

Answer 1

[AI-generated answer — Bot GPT 3.5]

The rule of housing suggests that a person's monthly housing budget should be about 30% of their annual salary.

$60,000 * 0.30 = $18,000 per year for housing expenses

To find the monthly amount, divide the annual amount by 12 months:

$18,000 / 12 = $1,500 per month

Therefore, the appropriate monthly housing budget for Harper would be $1,500, which is not an option provided. The closest option is $1250, so the answer is:

B. $1250.