The depth to payments ratio or DTI is defined as the ratio of the total monthly bills to be paid to the monthly income of that particular person.
Explanation:
The DTI ratio can be calculated in four ways:
1. Make a note of all the payments you have to make every month and sum them up.
2. Calculate your income including your wages, dividends, freelance payments, and alimony.
3. Convert all the values to a monthly value.
For example: If your annual is $60000, the monthly income would be %5000. Carry on the same calculation for your debts also. Suppose your annual debt is $30000, then the monthly debts total is $2500.
4. Finally, divide the debt value by your income value and then multiply it by 100. We are multiplying by 100 to arrive at a percentage value.
For the above example your DTI will be $30000 divided by $60000 which equals to $0.5 x 100 = 50%
In 1980, the price of oil all around the world was at its peak at the price of $35 US dollars per barrel which is around $109 US dollars per barrel in 2019 (once adjusted for inflation). The price then fell in 1986 from $27 US dollars to $10 US dollars ( $63 US dollars to $23 US dollars in 2019 dollars). The Glut had begun in the early 1980’s as a consequence of slowed economic activity within Industrial countries due to the 1970s crisis. I hope this helps you :)
They wrote the Declaration of Independence which announced that the colonies were independent from Great Britain. The Declaration of Independence also promised Americans three rights: life, liberty, and the pursuit of happiness. This meant that the colonists had basic freedoms that the government could not take away.
Answer:
The creation of common currency was important because, on their own, the currencies of the various states had little value. Using one common currency put a significantly greater amount of financial support behind the currency and raised its value. It was necessary to create a national bank to distribute and manage the new currency. Hamilton's concept of a centralized bank was adopted in 1791. The new bank was to operate for 20 years under the supervision of both the federal government and private individuals. The establishment of the bank was not without controversy, however. Many feared that the bank's northern location would affect the decision to place the United State's capital closer to the midpoint between the northern and southern states. Others complained that the creation of a national bank fell outside the powers granted to the government by the United States Constitution. Regardless, the bank operated for the 20 years for which it was originally chartered before being disbanded in 1811.
Explanation:
Zoroastrianism affected the way the Persians governed their subjects by allowing the territories under their rule to worship their own religion
