Myrna budgets 22% of her annual income for housing . It she budgets $400 per month for housing, what is her annual income

400*12 = .22x

solve for x

Let C = Annual income

(22/100)* C = Annual Budget= 400* 12

C= 400* 12*100/ 22= 21818

Her annual income is $21818
Good luck Mariya.

To calculate Myrna's annual income, we need to find the total amount she budgets for housing in a year.

Since she budgets $400 per month for housing, we'll multiply her monthly budget by 12 (the number of months in a year):

$400 x 12 = $<<400*12=4800>>4800

So, Myrna budgets $4800 per year for housing.

To calculate her annual income, we'll divide her housing budget by the percentage of her income she allocated for housing:

$4800 / 0.22 = $<<4800/0.22=21818.18>>21818.18

Therefore, Myrna's annual income is approximately $21,818.18.

To calculate Myrna's annual income, we can use the information given: she budgets 22% of her annual income for housing, and her monthly budget for housing is $400.

First, let's find how much 22% of her annual income is by multiplying her monthly housing budget by 12 (since there are 12 months in a year):

$400/month × 12 months = $4,800

Now, we know that $4,800 represents 22% of her annual income. To find her annual income, we can set up a proportion:

$4,800 is to 22% as X is to 100%

This can be written as:

$4,800/22% = X/100%

To solve for X, we can cross-multiply:

(22% × X) = (100% × $4,800)

To eliminate the percentage, we divide both sides of the equation by 22%:

X = (100% × $4,800)/22%

Simplifying further:

X = ($4,800 × 100)/22

X ≈ $21,818.18

Therefore, Myrna's annual income is approximately $21,818.18.