Answer: yes it is
Step-by-step explanation:

Explanation:

let's break down the expression to get the final result:

PITI is an acronym that stands for principal, interest, taxes, and insurance.
Answer:
The reduced form of
12
/30 is 2
/5
Steps to simplifying fractions
Find the GCD (or HCF) of numerator and denominator
GCD of 12 and 30 is 6
Divide both the numerator and denominator by the GCD
12 ÷ 6
30 ÷ 6
Reduced fraction:
2
/5
Equivalent fractions: 24/60 6/15 36/90 4/10 60/150 84/210
More fractions: 24/30 12/60 36/30 12/90 60/30 12/150 84/30 12/210