using the 28/36 ratio, determine the maximum allowable recurring debt for someone with an annual income of $86,250.
1 answer:
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Answer:
Step-by-step explanation:
You need to first put the numbers in suitable catagories
0-120
120-130
130-140
140-150
then figure out the frequency of them
0-120=4
121-130=20
131-140=2
141-150=2
then put in a graph(sry its not very good i was in a rush)
Answer:
$8,864.73
Step-by-step explanation:
Base amount: $6,000.00
Interest Rate: 5% (yearly)
Effective Annual Rate: 5%
Calculation period: 8 years
Answer:
Part 1)
Henry's location is at the ordered pair
Libray's location is at the ordered pair
Part 2) Henry is 5 city blocks at the left of the library and 7 city blocks up of the library
Step-by-step explanation:
Part 1) Write the ordered pairs that represent Henry and the Library
we have that
Henry's location is at the ordered pair
Libray's location is at the ordered pair
Part 2) Describe Henry's location relative to the library
Observing the graph
Henry is 5 city blocks at the left of the library and 7 city blocks up of the library