Accounting Henry makes $13.67/hr. at his job and he normally works 43 hours per week. His expenses each month are $940/month for rent, $529.26/month for utilities, and $410/month for food and...


Accounting<br>Henry makes $13.67/hr. at his job and he<br>normally works 43 hours per week. His expenses<br>each month are $940/month for rent,<br>$529.26/month for utilities, and $410/month for<br>food and clothing. He wants to buy a car, but<br>the payments are $382.74/month. If Henry pays<br>15% of his income to taxes and insurance, can<br>he afford this new car? Give your answer as the<br>amount of money left after the car payment is<br>added or give a negative number of the money<br>he earns is not enough. Assume a month is 4<br>weeks.<br>Round to the nearest cent.<br>

Extracted text: Accounting Henry makes $13.67/hr. at his job and he normally works 43 hours per week. His expenses each month are $940/month for rent, $529.26/month for utilities, and $410/month for food and clothing. He wants to buy a car, but the payments are $382.74/month. If Henry pays 15% of his income to taxes and insurance, can he afford this new car? Give your answer as the amount of money left after the car payment is added or give a negative number of the money he earns is not enough. Assume a month is 4 weeks. Round to the nearest cent.

Jun 09, 2022
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