BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Evan Cataldo recorded his housing expenses for the month of September:mortgage payment, $456.90; insurance $62.50; taxes, $172.00; electricity, $65.70; phone service, $42.30, fuel, $43.80, water, $27.90; and repairs $221.34. His monthly gross income is $2, 970. How much are Evan’s housing costs over or under the FHA 35% guideline?
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$52.94 under
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$52.94 over
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$86.23 under
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$86.23 over
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Explanation:
There is 1 question to complete.