Tom is 45 and pays $2042 on his mortgage each month while his total take home pay is $5950 per month. the national average for those aged 35-64 on housing costs is 35% of income compute the percent of toms income spent on housing. is this more or less than the national average

Tom pays 34.32% which is less than 35%.

Step-by-step explanation:

Tom's total take home pay per month is = $5950

The national average for those aged 35-64 on housing costs is 35% of income.

Given is that tom is 45 years and pays $2042 on his mortgage each month.

So, he pays % of his monthly income.

This is slightly lower than the national average of 35%.

whatvare the choices

step-by-step explanation: