Answer:
40.91% percentage of Robert income spend on his mortgage .
Step-by-step explanation:
Formula
[tex]Percentage = \frac{Part\ value\times 100}{Total\ value}[/tex]
As given
Robert has a monthly income of $1650.00.
His monthly mortgage payment is $675.00.
Total value = $ 1650
Part value = $ 675
Put all values in the formula
[tex]Percentage = \frac{675\times 100}{1650}[/tex]
[tex]Percentage = \frac{67500}{1650}[/tex]
Percentage = 40.91% (Approx)
Therefore the 40.91% percentage of Robert income spend on his mortgage .
