ElenL3ilmcnair ElenL3ilmcnair

18-05-2016
Mathematics

Answered

using the 28/36 ratio, determine the maximum allowable recurring debt for someone with an annual income of $86,250.

Verified Answer :

meerkat18 meerkat18

24-05-2016

Given:
28/36 ratio
annual income: 86,250

28+36 = 64

28/64 86,250 = 0.4375 86,250 = 37,734.375
36/64 86,250 = 0.5625 86,250 = 48,515.625

28/36 ⇒ 37,734.375/48,515.625

Answer Link

keeleypom keeleypom

22-01-2021

a. $575.00

good luck!

Answer Link

Related Questions

what is the number 97 in spanish

The philosopher Aristotle is known as the father of philosophy metaphysics political science education law

Which of the following describes the traits of Introvert I and Extrovert Ea Introverts are better at tasks and Extroverts are better at people skillsb Introvert

Shannon has been a member of her schools newspaper club for 2 years and attends writing workshops in her free time which career should shannon explore

How was Americas prosperity intertwined with the military fortunes of Britain France and Russia

150 of 300 students at smith middle school are in band of those only 10 play saxophone next year enrollment is expected to reach 400 students About how many of

In order for a new word to be maintained in your vocabulary you must it A define B use C pronounce D read

Which accurately describes the relationship between cancer risk and exposure to mutagens

Which of these reactions can be classified as double replacement reactions Zn 2HCl ZnCl2 H2 2NaCl F2 2NaF Cl2 2AlBr3 3K2SO4 6KBr Al2SO43 2K MgBr2 2KBr Mg

What was the historical significance of the Supreme Court case of Plessy v Ferguson A The case eliminated the power of suffrage in states in the area of civil r

Web Analytics