Nigel manages an automobile repair shop. He is paid a salary of $3740.00 per month. His mortgage costs him $1050.00/month, and his house insurance costs $95.00/month. The house he owns is old, so he spends approximately $150.00/month in repairs.
a. How much does Nigel spend each month on housing
b. What percent of Nigel’s income does he spend on housing each month?
Round to one decimal place.
c. Is Nigel within guidelines for housing costs? Explain.
help can i know what is the answers for each
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Step-by-step explanation:
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