Answer:
Answer to this question is b.46500
Explanation:
According to 28/36 guidelines, a household shall not spend more than 28% of its monthly income on housing expenses.
Applying the above rule, the monthly income of a household shall be calculated as follows:
28% x household monthly income=1085$
household monthly income=1085/28%=3875
Annual household income=3875 x 12=46500
Answer to this question is b.46500
