Use the RENTER's Rule to find the maximum amount that you should be spending on rent with each net pay
$1,660 per month
Housing Review
Quiz
•
Mathematics
•
9th - 12th Grade
•
Medium
Paula Bower
Used 2+ times
FREE Resource
17 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Use the RENTER's Rule to find the maximum amount that you should be spending on rent with each net pay
$1,660 per month
$329.84
$383.08
$762.60
$419.10
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What is the RENTER'S Rule?
rent what you want
spend one months worth of pay on rent
it does not matter how much rent is - get the best apartmment
only spend one weeks worth of pay on rent
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Use the RENTER'S RULE to find the maximum amount you should be spending on rent with a yearly pay of $21,793.24
$419.10
$419.09
$383.08
$572.50
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Use the RENTER's Rule to find the maximum amount that you should be spending on rent with each net pay
$897.24 bi-weekly?
$572.50
$867.67
$449
$448.62
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Use the RENTER's Rule to find the maximum amount that you should be spending on rent with each net pay
$923 semi-monthly?
$461.50
$426.00
$451.23
$$426.98
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Use the RENTER's Rule to find the maximum amount that you should be spending on rent with each net pay
$8.50 per hour?
$345
$440
$340
$700
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Use the BANKER'S RULE to find the maximum amount that you can borrow for each annual income
$38,390
$15,356
$15536
$99,775
$95,975
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