Answer:
The National Housing Act of 1937 established guidelines for maximum rents for low-income families. Originally the maximum rent threshold was set at 20%, however this increased to 30% in 1981 (and has remained at this level ever since). This figure is used to determine how much of your gross monthly income you should spend on rent.
The 28% Rule is used for determining how much of your gross monthly income should be used for a mortgage, however the FHA's threshold is a little higher at 31% of your gross monthly income on a mortgage.
Renting:
30% of $1,250 = 0.3 × 1250 = $375
Mortgage 28% Rule:
28% of $1,250 = 0.28 × 1250 = $350
Mortgage 31% FHA:
31% of $1,250 = 0.31 × 1250 = $387.50
Therefore, discounting the higher FHA's threshold, the maximum amount to budget for housing is:
- $375 (if renting)
- $350 (if buying)
Answer:
B
Step-by-step explanation:
|-82| < |-83|
If the absolute values are replaced by an integer, 82 < 83
There are two parts in the given collection. One contains quarters and other contains dimes.
Let's compare the whole coin collection to the quarters.
One way to represent the ratio is 15 : 7.
The other way is 
The correct answer choice is "3".
(0,-1), (3,8) is the answer
