Question

janiyas monthly income is $5,460, and they budget 28% of their income for rent. enter the appropriate values in the boxes to determine the maximum rent janiya can afford. the maximum rent janiya can afford is $\square$.

Explanation:

Step1: Identify the formula

To find a percentage of a number, we use the formula: \( \text{Percentage of a number} = \text{Number} \times \frac{\text{Percentage}}{100} \)

Step2: Substitute the values

Here, the number is the monthly income, which is \( \$5460 \), and the percentage is \( 28\% \). So we calculate \( 5460 \times \frac{28}{100} \)

Step3: Perform the calculation

First, simplify \( \frac{28}{100} = 0.28 \). Then multiply \( 5460 \times 0.28 \)
\( 5460 \times 0.28 = 1528.8 \)

Answer:

\( 1528.8 \)