According to financial advisers,
<span>* mortgage payment should be at most </span><span>28% of your gross monthly income
</span><span>* total monthly debt should be at most </span><span>36% of your gross monthly income. Total monthly debts include </span><span>mortgage payments, car payments, credit card bills,
student loans, and medical debt.\</span>
<span>gross annual income: 39,600</span>
gross monthly income: 39,600 / 12 = 3,300
a) maximum amount for monthly mortgage payment: 3,300 x 28% = 924
b) maximum amount for total credit obligations: 3,300 x 36% = 1,188
c) mortgage: 924 x 70% = 646.80 actual mortgage
1,188 - 646.80 = 541.20 maximum amount they could spend each month for all other debts.
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Answer:
A fish processing company in Charlotteville processes three types of products: Type A, Type B, and Type C. Its operations involve three basic activities: cleaning, cutting and packaging.
Step-by-step explanation:
Answer:
Distance is 6.7units to the nearest tenth.
Explanation:
To solve this problem, we the distance formula. And this is given as:
We were given the equation:
y = 2 x + 4
This can also be rewritten as:
y – 2 x – 4 = 0.
Therefore, a = -2, b = 1 and c = -4
Also, we were given the points:
(x, y) = (–4, 11)
Making use of the above formula for distance, we have:
D = 6.7units (to the nearest tenth)
