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Komok [63]
3 years ago
8

Luis wants to buy a home priced at $315,000. He plans to finance this amount less the down payment required. His

Mathematics
2 answers:
Marizza181 [45]3 years ago
8 0

9514 1404 393

Answer:

  A.  Luis is eligible for a home loan; he meets all of the requirements.

Step-by-step explanation:

Luis's monthly income is $91,500/12 = $7625. The loan payment as a percentage of this income is ...

  $2100/$7625 ≈ 27.54%

This amount is less than 28%, so Luis qualifies according to the first criterion.

__

The total of Luis's monthly debt payments with the loan will be ...

  $2100 +370 +165 +45 = $2680

As a percentage of his monthly income, this is ...

  $2680/$7625 = 35.15%

This amount is less than 36%, so Luis qualifies according to the second criterion.

Luis is eligible for a home loan; he meets all of the requirements.

sveta [45]3 years ago
3 0

Answer:

d Luis is not eligible for a loan, he should reduce his recurring debt

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Step-by-step explanation:

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9 hours × (5⅛ pounds)/hour = 46⅛ pounds

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3 years ago
If y =<br> ya<br> x and x = -18, find y.
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y

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4 0
2 years ago
In a study relating the degree of warping, in mm, of a copper plate (y) to temperature in °C (x), the following summary statisti
elena-14-01-66 [18.8K]

Answer:

a)

y = 0.3035 + 0.0082x

b)

0.6315 mm

c)

x = 23.9634 °C

Step-by-step explanation:

a. Compute the least-squares line for predicting warping from temperature. Round the answers to four decimal places.

We need to find an equation of the form

y = b + mx

where m is the slope and b the Y-intercept.

The slope m can be computed with the formula

\bf m=\displaystyle\frac{\displaystyle\sum_{i=1}^n(x_i-\bar x)(y_i-\bar y)}{\displaystyle\sum_{i=1}^n(x_i-\bar x)^2}

Replacing the values in our formula (we will round at the end of the calculations)

\bf m=\displaystyle\frac{806.94}{98,775}=0.008169476

the Y-intercept b is computed with the formula

\bf b=\bar y-m\bar x

therefore we have

\bf b=0.5188-0.008169476*26.36=0.303452613

and the least-squares line rounded to 4 decimals would be

y = 0.3035 + 0.0082x

b. Predict the warping at a temperature of 40°C. Round the answer to three decimal places.

We simply replace x with 40 to get

y = 0.3035 + 0.0082*40 = 0.6315 mm

c. At what temperature will we predict the warping to be 0.5 mm? Round the answer to two decimal places

Here, we replace y with 0.5 and solve for x

0.5 = 0.3035 + 0.0082x ===> x = (0.5-0.3035)/0.0082 ===>

 

x = 23.9634 °C

6 0
3 years ago
Consider the following equation, bh+hr=25 when solving for r
Komok [63]
Solve for r.

You want to get r by itself on one side on the equal sign.

bh + hr = 25

Subtract bh from both sides.

hr = 25 - bh

Divide h on both sides.

r = 25 - bh / h

The two h's cancel each other out.

r = 25 - b

Hope this helps!
4 0
3 years ago
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HELP NEEDED AND GIVING EXTRA POINTS!!! 20 POINTS!
andreyandreev [35.5K]

Answer:

80 degrees

Step-by-step explanation:

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