The depth to payments ratio or DTI is defined as the ratio of the total monthly bills to be paid to the monthly income of that particular person.
Explanation:
The DTI ratio can be calculated in four ways:
1. Make a note of all the payments you have to make every month and sum them up.
2. Calculate your income including your wages, dividends, freelance payments, and alimony.
3. Convert all the values to a monthly value.
For example: If your annual is $60000, the monthly income would be %5000. Carry on the same calculation for your debts also. Suppose your annual debt is $30000, then the monthly debts total is $2500.
4. Finally, divide the debt value by your income value and then multiply it by 100. We are multiplying by 100 to arrive at a percentage value.
For the above example your DTI will be $30000 divided by $60000 which equals to $0.5 x 100 = 50%
Answer:
You should avoid title pawns because the lender may ask you to use your car or house as collateral. So if you miss a payment then you may lose your car or house.
Explanation:
Answer:
Women in ancient Egypt were the equals of men in every area except occupations. Historians Bob Brier and Hoyt Hobbs note how women were equal to men in almost every area except for jobs. In terms of being different from the Mesopotamian women, they Egyptian women could work outside of the home and build wealth. While Mesopotamian Women could not exercise much personal sovereignty in ancient Mesopotamia.
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Like many of the early American colonies, the Massachusetts Bay Colony, founded in 1630, has its roots in the search for religious freedom. The Puritans of England came to Massachusetts in hopes of living free from persecution for their religious beliefs.
