Answer: The lendor will allow for $1500 for the housing expenses.
This lendor is allowing 30% for the debt. So, we start by multiplying 8000 times 0.3 which equals 2400.
However, we have to subtract the current debts of 900.
2400 - 900 = 1500
Negative since the answer would be -13
Answer:
I notice that they are equal.
Step-by-step explanation:
The slopes are the same when they are on the same line