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lakkis [162]
3 years ago
8

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's the housing ratio?
Business
1 answer:
Zigmanuir [339]3 years ago
5 0

Answer:

23% (1150:5000)

Explanation:

$1000+$150=$1150, the monthly home owner association fees and home owner payment falls under the house ratio and car payment doesn't include in the house ratiio

$1150:$5000 =0.23 ×100=23%

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Indicate the purpose of takeoff from where the heap is originating from and if the heaps have a similar purpose of flight, likewise determine the season of flight. On the off chance that you are discussing business shipments, this is the thing that receipt numbers are for.
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Store A sells four times as many products as store B and one third as many as store C. If store C sells 105,960 products, how ma
nikitadnepr [17]

Answer: a. 8,830 products

Explanation:

Store A sells one third as many as Store C so if Store C sells 105,960 products, Store A would be selling:

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8 0
2 years ago
Inayah needs Rs.100, 000 to start an ice-cream business. If she uses Rs.40, 000 from her savings and another Rs.60, 000 borrows
Lelu [443]

Answer: 5% of RS 100,000

Explanation:

Opportunity cost is what an economic agent such as an individual, form or government forgoes when a choice is made from different available choices.

Here, since Inaya has used Rs100000 for her ice cream business, the opportunity cost will be the 5% interest that she could have made on the money used for the business

4 0
3 years ago
After graduation, you plan to work for Dynamo Corporation for 12 years and then start your own business. You expect to save and
ExtremeBDS [4]

Answer:25,000 in 12 years = 25,000*(1.09)^12= $70,316

Value of $7,500 deposits in 6 years

Use financial calculator and input these values

N=6

PV=0

PMT=7,500

I=9

Compute FV= 56,425, after this

PV= 56,425

PMT= 15,000

I=9

N=6

Compute FV=$ 207,480

We will have (207,480+ 70,316) = $277,796 in 12 years to start our business.

                                 

Explanation:

4 0
3 years ago
In your own words, explain the usefulness of spreadsheet models.
malfutka [58]

Answer:

They're often used at many companies and businesses because instead of other formats it is very conclusive because you can clearly see the differences of all the numbers in it. They're right next to each other and they are easy to add information to. There is no need for any extra information and there is just enough evidence in everything for just the numbers.

7 0
2 years ago
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