No because they both have the same denominator!
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:
on the x-axis
Step-by-step explanation:
it is located on the x axis because it is not technically in any quandrant. it is however, on an axis.
Answer:
I am not sure, ig it's D...
103 represents how much money Victoria is depositing into the bank, or her principal.
The interest rate is 1.03, or 3%.
