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drek231 [11]
4 years ago
7

Madeline Rollins is trying to decide whether she can afford a loan she needs in order to go to chiropractic school. Right now, M

adeline is living at home and works in a shoe store, earning a gross income of $940 per month. Her employer deducts a total of $160 for taxes from her monthly pay. Madeline also pays $110 on several credit card debts each month. The loan she needs for chiropractic school will cost an additional $130 per month. Calculate her debt payments-to-income ratio with and without the college loan.
Business
1 answer:
tigry1 [53]4 years ago
7 0

Answer:

debt-to-income: 11.70%

Explanation:

<u>Debt-to-income ratio:</u>

The sum of all the monthly debt payments over;

the gross monthly income. Thus, taxes are not subtracted, we ignore them from the calculation.

Debt payment: 110 dollars

Madeline gross income: 940

debt to income:

110/940 = 0.11702 = 11.70%

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emmasim [6.3K]

Answer:

Cost per unit= $2,500.70

Explanation:

Cost per unit of an item is the fixed cost of producing the item plus the variable cost.

That is:

Total cost = fixed cost + variable cost

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The variable cost (cost of delivery) is $0.7

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4 years ago
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natta225 [31]

Answer/Explanation:

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Can anyone help me with this?
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Answer:

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Answer:

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