Solution-Determining the monthly accommodations expenses

Determining the monthly accommodations expenses

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Reference no: EM133198535

Craig receives a pension income of $2200 per month. He lives in a one-bedroom condominium. His mortgage payment is $688 per month. The common fees associated with the condominium are $350 per month. He also receives a bi-monthly electricity bill for $120 and a quarterly water bill for $96. On average, what percent of his income, does Craig spend on monthly accommodations expenses? Round your answer to the nearest percent.

Reference no: EM133198535

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Determining the monthly accommodations expenses

Reference no: EM133198535

Reference no: EM133198535

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