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nikdorinn [45]
3 years ago
9

Using the standard 28/36 guidelines, if the maximum monthly mortgage payment allowed for someone applying for a home loan is $1,

085, what is their annual income?
a.$36,167
b.$46,500
c.$65,100
d.$162,750
Business
2 answers:
patriot [66]3 years ago
5 0

Answer:

Answer to this question is b.46500

Explanation:

According to 28/36 guidelines, a household shall not spend more than 28% of its monthly income on housing expenses.

Applying the above rule, the monthly income of a household shall be calculated as follows:

28% x household monthly income=1085$

household monthly income=1085/28%=3875

Annual household income=3875 x 12=46500

Answer to this question is b.46500

rosijanka [135]3 years ago
4 0

the answer is letter B. $46,500

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When it comes to game design, it is false to say that<u> </u><u>Games design </u><u>is not a </u><u>STEM  career</u><u> because it is just abou</u><u>t  making entertainment.</u>

Game design:

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Game design is a STEM career because it requires people with expertise in science, technology, and engineering. It would be false to say that these careers are not present in game design.

In conclusion, option B is correct.

Find out more on STEM careers at brainly.com/question/20250489.

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Is disease prevention by the government a pure public good or a private good? Explain
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AnaCarolina and Jaco, executive managers at Duke Manufacturing, are tasked with determining appropriate performance metrics for
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a. number of returns due to incorrect products shipped in response to orders.

Explanation:

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Knowledge Check 01 On March 1, a designer received a check for $7,500 from a customer for services to be provided after the cust
Yakvenalex [24]

Answer:

              The Designer Journal Entry

Date         General Journal                 Debit            Credit

July 31      Unearned Revenue            $7,500  

                Design Services Revenue                     $7,500

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3 years ago
anson Corporation Co.'s trial balance included the following account balances at December 31, 2018: Accounts receivable $12,000
VashaNatasha [74]

Answer:

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Explanation:

                         Anson Corporation

                     Balance Sheet (Partial)

                   As at December 31, 2018

Assets

Current Assets:

Accounts receivable      $12,000

Inventories                       40,000

Treasury Bill                     30,000

<u>Prepaid insurance              3,000</u>

Total current assets     $85,000

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