Alejandra heard that as a general rule, she should spend no more than one week's pay on rent. If Alejandra's pay is $34,000 per year, what is the maximum amount per month that she should spend on rent?
There is 12 months every year so 34,000 divided by 12. So she makes about 2,833 a month. Then about 4 weeks per month so you divide 2833 by 4 and it’s 708$ per week.