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
Answer:
24%
Step-by-step explanation:
2610 of the 10730 students are graduates. The probability of choosing a graduate at random from all students is ...
2610/10730 × 100% ≈ 24.324% ≈ 24%
Answer:
17
Step-by-step explanation:
Answer:
You gave the explicit form.
Step-by-step explanation:
You gave the explicit form.
The recursive form is giving you a term in terms of previous terms of the sequence.
So the recursive form of a geometric sequence is and they also give a term of the sequence; like first term is such and such number. All this says is to get a term in the sequence you just multiply previous term by the common ratio.
r is the common ratio and can found by choosing a term and dividing by the term that is right before it.
So here r=-3 since all of these say that it does:
-54/18
18/-6
-6/2
If these quotients didn't match, then it wouldn't be geometric.
Anyways the recursive form for this geometric sequence is
The integer would be
positive 5