Answer with explanation:
Gross Annual Salary of Brianna's= $ 50,676
Monthly Salary of Brianna's
[tex]=\frac{50676}{12}\\\\=4223[/tex]$
We will use [tex]\frac{28}{36}[/tex] rule here,which states that, 28% of monthly income should be used for housing expenditures,and 36 % of monthly income should be used for paying Debt or Debt Purposes.
So, Maximum Monthly Rent that Brianna can pay
= 28 % of 4223
[tex]=\frac{28}{100} \times 4223\\\\ =\frac{118244}{100}\\\\=1182.44[/tex]
=$ 1182 (Approx)
Option C: $ 1182
