Q:

Now, you do the math: Tell us if you can afford the apartment using the details below. Your gross paycheck is $2100 per month. You're looking at a very small one-bedroom apartment that rents for only $650 per month. The electric bill runs about $60 per month for power. You'll pay about $10 per month for gas. An Internet line will cost you $20 per month. You have to rent a parking space for your old buggy at $20 per month. Can you afford to get this apartment?

Accepted Solution

A:
As per the question, the pay check is $2100 per month,
The one bedroom apartment would rent $650 + 60( for the electricity bill) + 30( for gas + inteyrnet) + 20 for the parking space, that will be..

$650+$60+$20+$20+$10 = $770.

We have $2100 as our paycheck every month and the total amount for the apartment is $770.

So I think yes we can afford it.