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:
c
Step-by-step explanation:
y=2(-3)+1
y=-6+1
y=-5
USE SUBSTITUTION
Answer:
y=2x-11
Step-by-step explanation:
Answer:
AP = 10
Step-by-step explanation:
According to secant-secant theorem
(PB)(AP)=(PD)(PC)
6(AP) = (5)(12)
AP = 60/6
AP = 10
