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Sagot :
Total monthly expense on house and car:
Total expense = House payment + Car payment = 1940 + 484 = 2424 USD
Calculate the percentage:
Percentage = (Total expense / Take-home pay) * 100 = (2424 / 4200) * 100
Perform the division:
2424 / 4200 = 0.57714
Convert to percentage:
0.57714 * 100 = 57.71%
So, Carl spends approximately 57.71% of his take-home pay on his house and car.
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