Answer: Not likely; recurring debt is higher than what is allowed.
Step-by-step explanation:
The options are:
a. Very likely; recurring debt is less than what is allowed.
b. Somewhat likely; recurring debt is equal 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.
Annual salary = $37,580
Car loan payment annually = $265 × 12 = $3180
Annual student loan= $120 × 12 = $1440
Annual loan payment will be:
= $3180 + $1440
= $4620
Based on the above, Mandy is already paying 12.3% (4620 / 37580)× 100 as loan every month. Coupled with the fact that he'll still have some amount to pay as loan every month, he won't be given as the recurring loan is higher than what will be allowed.
<span>No.
To check this yourself, you need the denominators to be the same to be able to easily compare the two.
For example, does 5/8 = 40/64?
1. Determine what you would need to do to the denominator in 5/8 to make it 64. (Multiply it by 8)
2. Find what fraction is equal to 1 with a denominator of 8. (8/8)
3. Multiply the fraction 5/8 by the one you just found (8/8), numerator times numerator, denominator times denominator.
4. Compare the answer with the second fraction.
It is important that when you multiply the denominator by any number you multiply the numerator by the same number. This is to preserve the fraction's value. This works because any number divided by itself is equal to 1, AND when you multiply any number by 1 (whether 1 is in the form of 1 or 4/4 or 8/8 or 234/234), the answer is always equal to the original number.
Another way to check would be to simply enter 1/2 into a calculator, write down the answer. Next enter 5/8 into a calculator. If the answers are the same, they are equal.</span><span>
</span>
Answer:
You can not solve it because Side P does not exist
Step-by-step explanation:
