1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Whitepunk [10]
3 years ago
13

A buyer anticipates a house payment of $1,000 per month, with monthly homeowner association fees of $150. The buyer also has a c

ar payment of $400 per month. If the buyer earns a monthly gross income of $5,000, what is the total debt ratio?
Mathematics
1 answer:
Digiron [165]3 years ago
6 0

Answer:

Step-by-step explanation:

The buyer anticipates a house payment of $1,000 per month, with monthly homeowner association fees of $150. The buyer also has a car payment of $400 per month. If the buyer earns a monthly. This means that the buyer's monthly debt payments is

1000 + 150 + 400 = $1550

Debt ratio = monthly debt payments/monthly gross income

If the buyer earns a monthly gross income of $5,000, then

Debt ratio = 1550/5000

= 0.31

You might be interested in
PLEASE HELP WILL GIVE BRANILYEST
Ivahew [28]

No because to get a proportional relationship you have to add the same number to all x to get y

8 0
3 years ago
You start at (5, -3). you move up 8 units. where do you end?
djyliett [7]

Answer:

(5,5)

Step-by-step explanation:

You draw a graph and put an x where (5, -3) is and then from that point, you go up by 8 units

7 0
2 years ago
giá tiền cước của một hãng taxi được tính như sau :giá mở đến 1km đầu là 12000 đồng ; 10500 đồng/km cho 20 km tiếp theo và 99000
dolphi86 [110]

<em>Answer:</em>

<em>Ông sáu sẽ mất 4281000 đồng</em>

8 0
3 years ago
In type form the report is about 3 pages long. How many words long is tour report . if your book report is 4 pages long and at a
Sliva [168]
Do 48 x 20 which is 960
6 0
3 years ago
5 2/3 - 2 5/6 how much is this
Bond [772]

if those are fractions being five and two thirds etc... I believe it would be 17/6. if you convert to improper fractions and then get a common denominator to subtract that should do it. Hope that helps.

6 0
3 years ago
Read 2 more answers
Other questions:
  • Use the Table below to find the Average Rate of Change from x = -2 to x = 1. Show your work for full credit.
    8·1 answer
  • Philip saves $8 each month. How many months will it take him to save at least $60?
    13·2 answers
  • 8% of what number is 2
    15·1 answer
  • Rename the number 805 tens?
    9·2 answers
  • What is the relationship of the line 3x - y = 5 to the line 6x - 2y = -7?
    13·1 answer
  • Find the value of x that makes m || n ... helpn
    11·2 answers
  • I need help with some of these I don't get it?
    9·2 answers
  • write the following numbers in increasing order Negative 1/2 Negative 3 forts negative 2 Negative 5 forths
    6·1 answer
  • I need help finding the mean, median, and mode(s) I need help with number 7
    13·1 answer
  • Student A's scores have a standard deviation of 5.4 and Student B's scores have a standard deviation of 10.6. What does Student
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!