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.
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that’s the answer
Answer:
Function:
c = f(w) = 0.49, 0 < w ≤ 1
= 0.70, 1 < w ≤ 2
= 0.91, 2 < w ≤ 3
Step-by-step explanation:
Yes, the relation described can be interpreted as a function.
Here, c is the cost of a mail letter. c depends upon w, which is the weights of the mail letter.
As described in the question, the relation can be expressed as a function.
c can be expressed as a function of w in the following manner:
c(cost of mail) = f(w), where w is the independent variable and c is the dependent variable
c = f(w) = 0.49, 0 < w ≤ 1
= 0.70, 1 < w ≤ 2
= 0.91, 2 < w ≤ 3
where, c is in dollars and w is in ounces.
