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
Maximum ,mortgage payment allowed for someone with an annual salary of $60,750= $ 1,701.00→→→Option (C)
I would suggest factoring using the grouping method. The answer I got was (2n-1)(n+2)
A critical value is the point on the scale of the
test statistic (z test in this case) outside which we reject the null
hypothesis, and is taken from the level of significance of the test. The critical
values can be obtained from the standard distribution tables for z and for this
case, it is equivalent to:
critical value zα/2 at 98% confidence level = 2.326
Answer: 2.326
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52 5/8 because 49 + 3 = 52 and 2/8 + 3/8 = 5/8
