Shiloh Just Graduated from College

question 35

Multiple Choice

Shiloh just graduated from college. She accepted a position with a firm earning $961.54 per week. Using HUD guidelines, what is the maximum Shiloh should pay for rent on a monthly basis assuming she works 52 weeks per year?

• A) $4,166.
• B) $1,500.
• C) $1,250.
• D) $1,200.

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Definitions:

Equity

Equity represents the value of ownership interest in a company, calculated as the difference between assets and liabilities.