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Darina [25.2K]
3 years ago
9

Many conservative consumer advocates said you should not pay more than 25% of your TAKE-HOME PAY on a mortgage payment

Business
1 answer:
Oksi-84 [34.3K]3 years ago
8 0

Answer:

True

Explanation:

There is a general consensus that one has to be very conservative and avoid spending more than 35 percent of pretax income on home insurance payment, property tax, and mortgage. However the conservative model clearly suggests that mortgage payment should not exceed 25 percent of take-home pay and any mortgage loan should not exceed a 15 year tenure.

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6 0
3 years ago
When we often interupt a person who is speaking to us, we'er likely to give the impression that we?
Klio2033 [76]
I would personally say that you underestime the person, by making his/her realise that you are not interested or enthusted by his or her conversing.
However, it may also signalise that we want to change topic or feel enthusiastic or uncomfortable.
6 0
3 years ago
Alpha Division had the following information: Average operating asset base in Alpha Division $500,000 Operating income in Alpha
ExtremeBDS [4]

Answer:

15.79%

Explanation:

The computation of the return on investment is shown below:

Return on investment  = Operating Income ÷  New operating asset base

where,

Operating income is $60,000

And, the new operating asset is

= $500,000 - $120,000

= $380,000

So, the return on investment is

= $60,000 ÷ $380,000

= 15.79%

By dividing the operating income from the new operating asset base we can get the return on investment

5 0
3 years ago
Some americans argue that _____ should be used to keep domestic wages high and unemployment low.
Lady_Fox [76]
The answer is "tariffs".

If we define tariff in simple words, then we can say that tariff is a tax and it adds to the cost of imported merchandise and is one of a few exchange arrangements that a nation can authorize. 
Tariffs are regularly made to ensure newborn child ventures and creating economies but at the same time are utilized by further developed economies with created enterprises.
3 0
3 years ago
Why might a bank offer to make a loan to a customer at a low initial rate that will increase after a set period of time?
erica [24]
To make the loan look more attractive and competitive now
3 0
3 years ago
Read 2 more answers
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