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3 years ago

Is this true or false.Minoans worshipped one main goddess called the Mother of Crete.

Social Studies

2 answers:

enyata [817]3 years ago

8 0

Its true because its not false because its not false information

emmainna [20.7K]3 years ago

4 0

This statement is true

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You work for a lender that requires a 20% down payment and uses the standard debt-to-income ratio to determine

ratelena [41]

According to the standard debt-to-income ratio, the person who would be rated as highest in respect of eligibility for a home loan is person C.

A home loan is an amount that has been lent for the acquisition or purchase of any house. or apartment for living.

Given values:

Persons Monthly Incomes Recurring debts

Person A $4,250 ($51,000 / 12) $350

Person B $4,833 ($58,000 / 12) $250

Person C $5,250 ($63,000 / 12) $200

Person D $5,583 ($67,000 / 12) $450

Step-1 Computation of debt-to-income ratio of person A:

$\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\rm\ Recurring \rm\ debt}{\rm\ Income}\\ \rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\$350}{\$4,250}\\\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=8.23\%$

Step-2 Computation of debt-to-income ratio of person B:

$\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\rm\ Recurring \rm\ debt}{\rm\ Income}\\ \rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\$250}{\$4,833}\\\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=5.18\%$

Step-3 Computation of debt-to-income ratio of person C:

$\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\rm\ Recurring \rm\ debt}{\rm\ Income}\\ \rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\$200}{\$5,250}\\\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=3.80\%$

Step-4 Computation of debt-to-income ratio of person D:

$\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\rm\ Recurring \rm\ debt}{\rm\ Income}\\ \rm\ Debt \rm\ to \rm\ Income \rm\ ratio=\frac{\$450}{\$5,583}\\\rm\ Debt \rm\ to \rm\ Income \rm\ ratio=8.06\%$

Therefore, after finding debt to income ratios of all persons, the lowest ratio comes out to be of Person C at 3.80% which ranked to be the highest.

Learn more about the debt ratio in the related link:

brainly.com/question/14553933

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2 years ago

Read 2 more answers

Melissa is asked to describe herself, and she explains that she is a young, outgoing woman with brown hair and green eyes who lo

RUDIKE [14]

Answer:

personality

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3 years ago

By the 1960's what new technology was changing the common workplace and continues to do so until this day?

DIA [1.3K]

Answer:

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6 technologies to thank the 1960s for 1. The first video game console. Ahh, there's nothing like a rainy afternoon in with your console so we have a lot to... 2. The first computer mouse.

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3 years ago

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Which of the following is an effect of the Civil War? *

Dafna11 [192]

Answer:

Bleeding Kansas is the correct answer

Explanation:

is it correct

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3 years ago

A production possibilities frontier.

morpeh [17]

Answer:

A show the market for a good or service

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3 years ago