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Using the standard 28/36 guidelines, what is the maximum mortgage payment allowed for someone with

Nitella [24]

The maximum mortgage payment allowed for someone with an annual salary of $83,750 would be $2512.50 per month.

<h2><u>What is the standard 28/36 guidelines?</u></h2>

To determine, using the standard 28/36 guidelines, what is the maximum mortgage payment allowed for someone with an annual salary of $83,750, the following calculation must be made:

Annual salary x 36% / months = X
((83750 x 36) / 100) / 12 = X
(3,015,000 / 100) / 12 = X
30150 / 12 = X
2512.50 = X

Therefore, the maximum mortgage payment allowed for someone with an annual salary of $83,750 would be $2512.50 per month.

Learn more about maths in brainly.com/question/20589209

4 0

2 years ago

Lindsay got her haircut the cost of a haircut for $16 if she wants to tip for hairstylist 20% how much does she leave for the ti

gtnhenbr [62]

Answer:

$3.20

Step-by-step explanation:

I hope this helps.

Sorry if I'm wrong.

5 0

2 years ago

Which rules define the function graphed below?

NemiM [27]

Answer:

y=x+2; y=5

Step-by-step explanation:

5 0

2 years ago

A company manufactures penny number 2 nails that are 1 inch in length. The actual length is allowed to vary by up to \displaysty

Diano4ka-milaya [45]

The absolute value equation representing the length of the nail is :

$\frac{31}{32} \leqslant x \leqslant 1 \frac{1}{32}$

A nail of length 1.05 inches is unacceptable

Actual Length of nail = 1 inch

Allowable variation = 1/32 inches

The minimum allowable length :

actual length - allowable variation

$1 - \frac{1}{32} = \frac{31}{32}$

The maximum allowable length :

Actual length + allowable variation

$1 + \frac{1}{32} = 1 \frac{1}{32}$

The length of X, of the nail must be follow the equation :

Minimum ≤ X ≤ maximum

$\frac{31}{32} \leqslant x \leqslant 1 \frac{1}{32}$

A nail of length 1.05 inches

Maximum nail length = 1 1/32 = 1.031

1.05 > 1.031 ; hence, it is greater than the maximum allowable length and hence, Unacceptabe

Learn more : brainly.com/question/24656203

7 0

2 years ago

The radius of a circle is 3.9 in. Find the circumference to the nearest tenth.

masha68 [24]

Answer:

C = 24.5 in

Step-by-step explanation:

Formula to find the circumference of a circle is :

C = 2πr

Here,

r ⇒ radius

So let us solve now.

C = 2πr

C = 2 × π × r

C = 2 × 3.14 × 3.9

C = 24.492 in

So, they've asked for nearest 10th.

Therefore, the answer will be 24.5 in.

Hope this helps you :-)

Let me know if you have any other questions :-)

8 0

2 years ago

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