Acommon rule is that housing expenses should not be more than 28% of your monthly income. your monthly income is $3,200. how much can you spend on housing? a) $364 b) $896 c) $1,137 d) $1,576

b. $896.

Step-by-step explanation:

We have been given that a common rule is that housing expenses should not be more than 28% of your monthly income. Your monthly income is $3,200.

To find the amount of money we can spend on housing, we need to figure out 28% of $3200.

Therefore, we can spend $896 on housing and option 'b' is the correct choice.

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