Answer:
The minimum monthly income required by the lender is $5214.30
Step-by-step explanation:
Here, we want to calculate the minimum monthly income required by the lender
From the question, we have that the monthly payment must not exceed 28% of the buyer’s monthly income
So in this case, let the monthly income be x
So therefore;
28% of x = 1460
Thus;
28/100 * x = 1460
28x = 100 * 1460
x = (100 * 1460)/28
x = 5214.30
Answer:
16m + 8m + 3
simplified is 24m +3
Step-by-step explanation:
Hope this helps. Pls give brainliest.
Using proportions, it is found that Monique must pay $115 on her own.
<h3>What is a proportion?</h3>
A proportion is a fraction of total amount.
In this problem, for Monique bill, we consider that:
- She has a $1,000 deductible, hence $1,000 is removed from the bill, which is now of $350, as 1350 - 1000 = 350.
- She has a 10% co-pay after the deductible, hence 0.1 x 350 = $35 is deducted from the bill, which is now of $315, as 350 - 35 = 315.
- She has already spent $200 on approved health care costs this year, which is also deducted, and the bill will be of $115, as 315 - 200 = 115.
You can learn more about proportions at brainly.com/question/24372153
9 •1 = 9 plus the divison sign So thats 5 divided by 9 = 1.8 yur welcome