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ruslelena [56]
3 years ago
14

Using the standard 28/36 guidelines, what is the maximum mortgage payment allowed for someone with an annual salary of $60,750?

a. $1,215.00 b. $1,417.50 c. $1,701.00 d. $1,822.50
Mathematics
2 answers:
Anna11 [10]3 years ago
7 0

\frac{28}{36} rule says that 28 % of your total income should be spent on Housing finances and 36 % of your gross total income should be spend for Debts.

Annual Salary = $ 60,750

Maximum mortgage payment=28% of $ 60,750

=\frac{28}{100} \times 60750=\frac{1701,00}{100}\\\\ =1701

Maximum ,mortgage payment allowed for someone with an annual salary of $60,750= $ 1,701.00→→→Option (C)


Scilla [17]3 years ago
7 0

Answer: Answer B - 1417.50

Step-by-step explanation:

On edgen the correct answer is B

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First, 
149,500 * .10 = 14,950
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then,
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trade discount = 14950 + 6727.50 + 5112.90 
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hope this help

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Answer:

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sattari [20]
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6 0
3 years ago
The circle graph shows the percentage of time Jacob spent on homework in each subject last week.Time Spent on Homework12.5%25%ar
Goshia [24]

We are given a circle graph that shows the time spent on homework last week.

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The time spent on doing science homework is given by

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The time spent on doing band practice is given by

\begin{gathered} t_{\text{band}}=12.5\%\: of\: 16 \\ t_{\text{science}}=\frac{12.5}{100}\: \times\: 16=2\: \text{hours} \end{gathered}

The difference between the time spent on science homework and band practice is

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4 0
1 year ago
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almond37 [142]

Answer:

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