9514 1404 393
Answer:
about $171,400
Step-by-step explanation:
William's total monthly debt is ...
$1012.84 +579.13 +250 +300 = 2141.97
On an annual basis, this is ...
12 × $2141.97 = $25,703.64
This will be 15% of (25703.64/0.15) = $171,357.60.
William's new annual salary should be about $171,400 to keep his debt ratio at the recommended 15%.
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<em>Additional comment</em>
A debt ratio of 15% is a pretty aggressive target. Most mortgage lenders like to see the "front end" ratio (housing expense) less than 28%, and the "back end" ratio (all debt) less than 36%.
Answer:
ZX
Step-by-step explanation:
Answer:30 weeks
Step-by-step explanation:
60+7w=120+5w
2w=60w=30
A) 1000/239 = 4.something
Ms. Ferguson could book the room for 4 nights
B) 6 x 239 = 1434
1450/1434 = 1.01
Ms Ferguson was off by 1%
C) 2075/1589 = 1.3058
The price increase was by 31%
D) 2075/1.3 = 1596.153
The price that was found was $1596.15