(1 point)\nyour housing and fixed expenses are $702.38/month.\nwhat is your realized income for the month if…

(1 point)\nyour housing and fixed expenses are $702.38/month.\nwhat is your realized income for the month if your expenses account for 30%? round to the nearest penny.\n$

(1 point)\nyour housing and fixed expenses are $702.38/month.\nwhat is your realized income for the month if your expenses account for 30%? round to the nearest penny.\n$

Answer

Explanation:

Step1: Let income be $x$.

We know that 30% of income is equal to expenses. So, $0.3x = 702.38$.

Step2: Solve for $x$.

$x=\frac{702.38}{0.3}\approx2341.27$.

Answer:

$2341.27$