Ask Question
20 October, 16:18

A family has a monthly mortgage payment of $760, which is 16% of their monthly income. What is the family's monthly income

+5
Answers (1)
  1. 20 October, 16:39
    0
    Let x be the monthly income of this family. Then 16% of x is $760, meaning that (16/100) x=760. From here we get x=76000/16=4750. So the monthly income of this family is 4750 and their annual income is 12*4750=57000.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A family has a monthly mortgage payment of $760, which is 16% of their monthly income. What is the family's monthly income ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers