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Oksanka [162]
3 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]3 years ago
7 0
B.Somewhat likely; recurring debt is very close to what is allowed.
good luck xoxo
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Andy, who loves to cook, makes apple cobbler for his family. The recipe (serves 6) calls for 434 pounds of apples, 514 cups of f
Tamiku [17]

This question was not written properly

Complete question;

Andy, who loves to cook, makes apple cobbler for his family. The recipe (serves 6) calls for 4 3/4 pounds of apples, 5 1/4 cups of flour, 1/6 cup of margarine, 2 7/8 cups of sugar, and 2 teaspoons of cinnamon. Since guests are coming, Andy wants to make a cobbler that will serve 15 (or increase the recipe 2 1/2 times). How much of each ingredient should Andy use?

Answer:

To serve 15, number of ingredients Andy should use =

Apples = 11 7/8 pounds

Flour = 13 1/8 cups

Margarine = 5/12 cups

Sugar = 7 3/16 cups

Cinnamon = 5 teaspoons.

Step-by-step explanation:

The recipe (serves 6) calls for 4 3/4 pounds of apples, 5 1/4 cups of flour, 1/6 cup of margarine, 2 7/8 cups of sugar, and 2 teaspoons of cinnamon. Since guests are coming, Andy wants to make a cobbler that will serve 15 (or increase the recipe 2 1/2 times). How much of each ingredient should Andy use?

For Apples

Serving for 6 = 4 3/4 pounds of apples

Serving for 15 =

= 15 × 4 3/4 pounds/6

= 11 7/8 pounds of apples

For flour

6 servings = 5 1/4 cups of flour,

15 servings =

15 × 5 1/4 cups/6

= 13 1/8 cups of flour

For Margarine

6 servings = 1/6 cups of margarine

15 servings =

= 15 × 1/6 cups/6

= 5/12 cups of margarine

For Sugar

6 servings = 2 7/8 cups of sugar

15 servings =

15 × 2 7/8 cups/6

= 7 3/16 cups of sugar

For Cinnamon

6 servings = 2 teaspoons of cinnamon

15 servings =

15 × 2/6

= 5 teaspoons

Therefore, to serve 15, number of ingredients Andy should use =

Apples = 11 7/8 pounds

Flour = 13 1/8 cups

Margarine = 5/12 cups

Sugar = 7 3/16 cups

Cinnamon = 5 teaspoons.

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3 years ago
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