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Oksanka [162]
2 years ago
15

You work for a lending institution and are tasked with whether or not to approve a home loan. All applicants are required to hav

e a 20% down payment, and the standard 28/36 ratio is used The loan application is for $230,000. You see that the applicant has an annual salary of $83,000 and a savings account balance of $50,000. The applicant also has a car payment of $315, a student loan of $140 and a boat loan of $96. How likely are you to approve the loan? a. Very likely; recurring debt is considerably less than what is allowed. b. Somewhat likely; recurring debt is very close to what is allowed. c. Not likely; recurring debt is higher than what is allowed. d. There is not enough information given to determine the answer. Please select the best answer from the choices provided A B C D
Mathematics
1 answer:
SVETLANKA909090 [29]2 years ago
7 0
B.Somewhat likely; recurring debt is very close to what is allowed.
good luck xoxo
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antiseptic1488 [7]

Answer:

The answer you're looking for is B. 27.55 m

6 0
2 years ago
You have just hired a new employee, Tim, to oversee the production of your new line of water bottles. Tim is a full-time employe
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Answer:

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3 0
3 years ago
A shortage of gold causes the price of gold wire to increase by 140%. If 10 feet of gold wire previously cost $50, what is the n
Marianna [84]
The increase in price is 140% of the original price.
The original price was 100% of the original price since 100% is a whole quantity.
Now the new price is 140% more than it was, so the new price is
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Now we find 240% of $50.
To find a percent of a number, multiply the percent by the number.

240% of $50 =
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Answer: 10 ft of gold wire now costs $120
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8 0
3 years ago
Is there any bias in the survey question? In other words, do you think the wording of the question influences your answer? If so
saul85 [17]

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Hope this helps!

7 0
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7nadin3 [17]

Answer:

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