Answer:
Weekly income = $518
Monthly income = $2072
Rent = $621.6
Step-by-step explanation:
$14 per hour
37 hours per week
37 × 14 = $518
There is about 4 weeks in a month.
$518 × 4 = $2,072
30% of $2,072 = $621.6
Step-by-step explanation:
Kim's weekly income can be found by multiplying her hourly wage to the number of hours she works per week.
So, we have $14 * 37 = $518 weekly income.
Let's assume that Kim gets paid bi-weekly like most jobs, so she'll get paid twice a month usually, ignoring all holidays and other exceptions.
So, we have her weekly income and we are assuming she gets paid bi-weekly per month. So, we need to make her weekly income into a bi-weekly income. We just double her weekly income.
$518 * 2 = $1036 bi-weekly.
Now, we know are assuming she gets paid twice a month, so we need to double her income one more time.
$1036 * 2 = $2072 monthly income.
Now, we have her monthly income, but she can only pay 30% of it towards rent. So, we got to find out what is 30% of $2072.
There are a couple of ways to do this, but the most efficient way is to multiply $2072 by .3
So, $2072 * .3 = $621.60
She can only have $621.60 go towards rent. Hope this helps!
