1. Abe makes $18.50 per hour. He works 37 hours a week. He pays 23% of his gross earnings in
federal and state taxes and saves 5% of his monthly gross income. He is considering renting an
apartment that will cost $1,500 per month.
a. Is this monthly rental fee within the recommended 25-30% housing expense range?
b. Based on his expenses, can he make the monthly payments?

c

step-by-step explanation:

x coordinate can be written by using the formula, x= x1 + 2/5(x2 - x1)

step-by-step explanation:

formula

x = x1 + p/w(x2 - x1)

let the line segment ab with a(x1,y1) and b(x2,y2)

a point(x,y) divide ab in the ratio, 2: 3 the x coordinate can be written as

x = x1 + p/w(x2 - x1)

here p=2 and w = 2+3

therefore,

x coordinate can be written by using the formula, x= x1 + 2/5(x2 - x1)

similarly y coordinate y = y1 + 2/5(y2 - y1)