SOLUTION: If $52,200 is used for 36% of house hold's expenses, what is the annual household income?
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Question 164050
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If $52,200 is used for 36% of house hold's expenses, what is the annual household income?
Answer by
stanbon(75887)
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If $52,200 is used for 36% of house hold's expenses, what is the annual household income?
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Let total household income be "x".
EQUATION:
52200 = 0.36x
x =52200/0.36
x = $145,000
Cheers,
Stan H.