1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
WINSTONCH [101]
3 years ago
7

Ms. burke earns $32,000 per year and plans to buy a house. use the banker's rule to determine her maximum allowable mortgage.

Mathematics
1 answer:
MAVERICK [17]3 years ago
7 0
<span>For the answer to the question above bankers right now are looking for a borrower to not spend more than 28-35% of their gross income for housing expenses. Income of $32,000 a year is $2,667 per month. At a presumed 32% rate the maximum allowable mortgage payment is $2,667 x 0.32 = $850 per month. If Ms. Burke has excellent credit, say FICO over 775 and virtually no debts, then $1,000 per month might still be possible.</span>
You might be interested in
Solve each equation for y
blondinia [14]
The answer is number 6
7 0
3 years ago
I don’t understand it .
alexira [117]

Answer:

A?

Step-by-step explanation:

8 0
3 years ago
PLEASE HELP! I WILL MARK BRAINLIEST!
Sphinxa [80]
Answer D.) There are no outliers, sorry if i’m wrong.
3 0
3 years ago
Read 2 more answers
Equation<br> slope (m) =<br> y-intercept =_4
Nady [450]

Answer:

x = m+-4

Step-by-step explanation:

We are trying to figure out the slope and the slope equals m, Then we have the y-intercept which that equals -4

3 0
3 years ago
How would you estimate whether 27/50 is closer to 1/2 or 1 without using a number line? Explain.
Ivahew [28]

Answer

Find\ out\ the\ how\ would\ you\ estimate\ whether\ \frac{27}{50}\ is\ closer\ \frac{1}{2}  to\ or 1\ without\ using\ a\ number\ line .

To prove

As\ the\ value\ of\ \frac{27}{50}\ in\ decimal\ form.

= \frac{27}{50}

= 0.54

As\ the\ value\ of\ \frac{1}{2}\ in\ decimal\ form.

= \frac{1}{2}

= 0.5

As\ the\ value\ of\ 1 \ in\ decimal\ form.

= 1.00

Now we find out the mid point of the 0.5 and 1.00 .

Mid\ point = \frac{1.00+0.5}{2}

(Mid point is the point lies middle of a line segment .)

Mid point = 0.75

Thus

0.54< 0.75

This shows o.54 lies between 0.5 and 1.00

This means 0.54 lies right to 0.5 and left from 1.00 .

Therefore

\frac{27}{50}\ lies\ right\ to\ \frac{1}{2} and\ left\ from\ 1.



7 0
3 years ago
Other questions:
  • Maryann is testing the effectiveness of a new acne medication. There are 100 people with acne in the study. Fifty-five patients
    13·1 answer
  • Convert 4 1/2 inches to a decimal
    11·2 answers
  • Antonia bought a set of dishes, a towel, and a candle at a housewares store. The set of dishes cost $35.60, the towel cost $21.6
    12·1 answer
  • Lea buys 20 picture frames. Some are 4 in. by 6 in. frames which cost $5.80 each, and the rest are 5 in. by 7 in. frames that co
    11·1 answer
  • If A(0,0) and B(2,5) find AB
    6·1 answer
  • What number multiplied by (-7) = 42
    6·2 answers
  • Write a rule for the linear function in the table.
    9·1 answer
  • Find the dimensions of a rectangle with perimeter 76 m whose area is as large as possible. m (smaller value) m (larger value)
    5·1 answer
  • F(x)= x^2 +4 +3 /x^2-x-2 not continuous at x = -1.
    9·1 answer
  • URGENT HELP PLEASEE SBDHHDS
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!