CO
Mandy has an annual salary of $37,580. Each month she has a car payment of $265 and a student loan of $120. If
she applies for a home loan, how likely is it Mandy will be approved based on her debt-to-income ratio?
a. Very likely, recurring debt is less than what is allowed.
b. Somewhat likely, recurring debt is equal to what is allowed.
C. Not likely, recurring debt is higher than what is allowed.
d. There is not enough information given to determine the answer.

Answers

Answer 1

C. Not likely, recurring debt is higher than what is allowed.

edge 2021

Answer 2

Mandy's approval based on her debt - to - income ratio is;

C: Not likely, recurring debt is higher than what is allowed.

What is Debt to income ratio?

Debt to income ratio is simply the percentage of your gross monthly income that goes to paying your monthly debt payments.

Now, her annual salary is $37,580. This means that her monthly income is; 37580/12 = $3131.67

Her monthly debt servicing = $265 + $120 =$385

Using the 28/36 ratio, the maximum allowable recurring debt for someone with a monthly income of $3,200 is $256.

Since her recurring monthly debt is $385 it is more than the maximum recurrent limit and so her home loan will not be approved.

Read more about debt - to - income ratio at; https://brainly.com/question/24814852


Related Questions

Difference in Roth IRA and Traditional IRAs, pension plans, 401Ks

Answers

Answer:

Contributions to a 401(k) are pre-tax, meaning they are deposited before your income taxes are deducted from your paycheck. However, when in retirement, withdrawals are taxed at your then-current income tax rate. Conversely, there is no tax savings or deduction for contributions to a Roth IRA

Please answer asap the problem is attached

Answers

1.) x= (0,4) y=(0,2)
2.x=(0,-1) y=(0,4)
3. x=(0,-3) y=(0,3)

The two parallelograms below are similar.

What is the length in inches of line PQ?

A. 38 in
B. 34 in
C. 40 in
D. 14 inch

Answers

PQ = 40 inches
The answer is C

Solve (10b+7b^2-6b^3)-(12b^2-3b^3)

Answers

Answer:

-3b³ - 5b² + 10b

General Formulas and Concepts:

Pre-Algebra

Distributive Property

Algebra I

Combining Like Terms

Step-by-step explanation:

Step 1: Define Expression

(10b + 7b² - 6b³) - (12b² - 3b³)

Step 2: Simplify

Distribute negative:                   10b + 7b² - 6b³ - 12b² + 3b³Combine like terms (b³):            -3b³ + 10b + 7b² - 12b²Combine like terms (b²):            -3b³ - 5b² + 10b

XYZ is the midsegment triangle of JKL.
Find the perimeter of JKL.

Answers

Answer:

56

Step-by-step explanation: 1 tick mark is 7, 2 tick marks are 12 (24/2), 3 tick marks are 9. Side JYK is 24. Side JXL is 14. Side LZK is 18. 24+18+14= 56.

(3x + 5) (x - 2)
Multiply?

Answers

Answer:

[tex]3x^2-x-10[/tex]

Step-by-step explanation:

This equation cannot be simplified by much, so, the final answer is still an equation, [tex]3x^2-x-10[/tex].

Hope this helped! :)

Answer:

Here,

(3x+5)(x-2)

=3x^2-6x+5x-10

=3x^2-x-10

=3x^2-6x+5x-10

=3x(x-2)+5(x-2)

=(3x+5)(x-2)

-45 + s = -105, s = ?

Answers

Answer:

s = - 60

Step-by-step explanation:

-45 + s = -105

s = -105 + 45

s = - 60

What is the initial value of the exponential function shown on the graph?
0
1
2
4

Answers

Answer:

4

Step-by-step explanation:

Answer:

It's 4

Step-by-step explanation:

Edge 2020

10(4-7) What is the value of =(4-1) ?
-10
- 6
6
10​

Answers

answer 10

This is the formula of an arithmetic sequence.
a
n
=
a
1
+
d
(
n

1
)
a
n
=
a
1
+
d
(
n
-
1
)
Substitute in the values of
a
1
=
1
a
1
=
1
and
d
=
3
d
=
3
.
a
n
=
1
+
(
3
)
(
n

1
)
a
n
=
1
+
(
3
)
(
n
-
1
)
Simplify each term.
a
n
=
1
+
3
n

3
a
n
=
1
+
3
n
-
3
Subtract
3
3
from
1
1
.
a
n
=
3
n

2

Which expressions are equivalent to 4• (7 • y)?

Drag and drop the equivalent expressions into the box.

(7• y)• 4

4 • 7 + 4 • Y

(4 7 • y

28 y

4•7•4• y

PLEASE HELP ASAP!!!
50 POINTS AND BRAINLY!!

Answers

Answer:

Step-by-step explanation:

4• (7 • y) is equivalent to all of the following:

28 • y

4 · 7y or (4 · 7) · y

(7 · 4) · y

Note that 4 • 7 + 4 • Y is absolutely wrong, since the original expression has no " + " sign

Given f(x) = 6x^4, find f^-1(x). Then state whether f^-1 (x) is a function.
A. Y=+or-(x/6)^4; f^-1(x) is not a function
B. Y= +or- (x/6)^4 ; f^-1(x) is a function
C. Y= +or- (x/6)^1/4 ; f^-1(x) is a function
D. Y= +or- (x/6)^1/4 ; f^-1(x) is not a function

Answers

Answer:

D. Y= +or- (x/6)^1/4 ; f^-1(x) is not a function

Step-by-step explanation:

A function g is the inverse of function f if for y=f(x), x=g(y).

y = 6x^4

Replace x with y:

x = 6y^4

Solve for y:

+or- x^1/4 = 6y

+or- (x/6)^1/4 = y

For each x there are 2 values of y: negative and positive. So, it is not a function.

is the anwers to 4,690 × 141 going to be even or odd

Answers

Answer:

661290

Step-by-step explanation:

even number ........

How does 5x/4 -2=3x/2-4 simplify to -5/2

Answers

Answer: No
X = 8
Step by step:
Add two to both sides
5x/4 = 3x/2 - 2
Now multiply 4 with both sides
5x = 6x - 8
Take the 5x to the other side
0= 6x -5x -8
0= x - 8
X = 8

I NEED HELP ASAP PLS

Answers

Answer:

2/3

Step-by-step explanation:

to move from one point to another (from left to right) you move up two and to the right 3

Answer:

The slope is 2/3

Step-by-step explanation:

The line goes up 2 points and to the right 3 points so if you do rise/run you get 2/3 as the slope.

IQ scores are normally distributed with a mean of 100 and a standard deviation of 15. Using the empirical rule, determine the interval that would represent the middle 95% of IQ scores.

Answers

Answer:

About 95% of individuals have IQ scores in the interval 100 ± 2 ( 15 ) = [ 70 , 130 ] .

Step-by-step explanation:

hope this helps

Seorang siswa melakukan percobaan pengukuran suhu zat cair dengan termometer celcius menunjukkan angka 40ᵒC. Zat cair tersebut jika diukur dengan termometer reamur adalah

A. 32ᵒR
B. 50ᵒR
C. 104ᵒR
D. 313ᵒR​

Answers

Answer: A. 32ᵒR

Step-by-step explanation:

The formula for converting Reamur to Celsius is;

Reamur temperature = Celsius temperature * 4/5

= 40 * 4/5

=  32°R

Today: Saturday, 13th March 2021

12.20 AM

Answer:

32°R

Step-by-step explanation:

[tex] \sf formula : [/tex]

[tex] {\boxed{ \sf {R = \frac{4}{5} \times C}}}[/tex]

[tex] \sf R = \frac{4}{\cancel{5}} \times {\cancel{40}}[/tex]

[tex] \sf R = 4 \times 8[/tex]

[tex] \sf R = {32}^{o} [/tex]

-

[tex]{\red{\boxed{\pink{\boxed{ \sf moga \: membantu : )}}}}}[/tex]

Which of the following numbers can be expressed as decimals that terminate? 5 over 2, 4 over 5, 2 over 7, 4 over 3 5 over 2 and 2 over 7 4 over 5 and 4 over 3 5 over 2 and 4 over 5 2 over 7 and 4 over 3 my friend needs help

Answers

Answer:

I hope this helps!!

Step-by-step explanation:

We have given that : numbers - 9 over 7, 5 over 3, 3 over 2, 6 over 4

To find : which are terminating decimal

Terminating decimals are those whose figures to the right of some place are zero or  have an end.

Solution : we check one by one,

1) 9 over 7 = 9/7 = 1.285714285714285714.... -Non terminating

2) 5 over 3 = 5/3 = 1.666666666666666...... -Non terminating

3) 3 over 2 = 3/2 = 1.5 - Terminating

4) 6 over 4 = 6/4= 3/2 = 1.5 - Terminating

I'm sorry if this is wrong :(

Is y=6x-4 proportional?

Answers

Answer: no

Step-by-step explanation:

it wont be proportional since if we substitute 0 for x y wont be 0

Which function has a graph with a positive y-intercept?
A. I and III only
B. I only
C. II, and III
D. III only

Answers

Answer:are you taking AP calculus AB

Step-by-step explanation:

Answer:

A l and lll

my teacher helped me

The function f(x) is graphed. It represents a translation of the square root function y = .


What equation represents the graph of f(x)?

y =
y =
y = – 2
y = + 2

Answers

Answer:

y = sqrt x-2

or c on edge

Step-by-step explanation:

In the year, it was released, Rush Hour earned $334,100,000 while the films Star Wars and Freaky Friday together earned $1,096,599,010. How much did all three movies earn together?
A. $1,430,699,010
B. $1,420,699,010
C. $1,330,699,010
D. $762,499,010
And brainliest.

Answers

Answer:

A. $,143,699,010

Step-by-step explanation:

Use a calculator my friend.

A. 1,430,699,010

put it in a calculator and then you should have the right answer

I need help pleaseeee

Answers

Answer:

6mn

Step-by-step explanation:

Let the value we are finding be “box.” We can divide both sides by (3m - 4) to isolate box on one side. We get:

box = (18nm^2 - 24mn)/(3m - 4)

Note that we can factor out 3m - 4 in the numerator and cancel it with the denominator. (18nm^2 - 24mn)/(3m-4) = (3m-4)(6mn)/(3m-4) = 6mn.

I hope this helps! :)

Answer:

6mn

firstly divide both the sides with 3m-4

by letting the missing place as" x"

Step-by-step explanation:

take 6mn common from 18m square n - 24mn

you will get 3m- 4 left which get crossed with 3m- n and the value of x will be 6mn

PLEASE HELP ME!!
40 Points!!

Select all factors of the following polynomial:

4p3 + 36p² + 32p

Select all that apply

• 4p
• 4p^2
• (p-1)
• (p+1)
• (p-2)
• (p+2)
• (p-4)
• (p+4)
• (p-8)
• (p+8)

Answers

40+32=72  

THE RESON IT IS SEVENTYTWO IS BECAUSE IT IS 72p^2

Factors of the given polynomial are 4p, (p + 1) and (p + 8).

   Given polynomial in the question,

4p³ + 36p² + 32p

Factorize the polynomial,

4p³ + 36p² + 32p = 4p(p² + 9p + 8)

                            = 4p(p² + 8p + p + 8)

                            = 4p[p(p + 8) + 1(p + 8)]

                            = 4p(p + 1)(p + 8)

    Therefore, 4p, (p + 1) and (p + 8) are the factors of the given polynomial.

Learn more,

https://brainly.com/question/15156417

5/13 as a decimal rounded to the nearest hundredth

Answers

Answer:

0.40

Step-by-step explanation:

5/13 = 0.38461538461. Hundreths place is the 2nd number after decimal so if you round 8 it'll be .40

Answer:

5/13 as a decimal to the nearest hundredth is 0.39 or 0.40.

Step-by-step explanation:

You simply need to divide 5 by 13, and you get 0.384615, but round to the nearest hundredth gets you 0.40

Eighty percent of all dentists surveyed agree: Zilch toothpaste tastes best.

Percent of Dentists Surveyed Disagree Agree Do you think this information is misleading? Why or why not?

a. Yes, because it does not state how many dentists were surveyed.
b. Yes, because it does not state on the graph what percentage agrees with the statement.
c. No, because the graph shows eighty percent of the dentists agreeing with the statement. d. No, because it states which toothpaste was used in the survey.​

Answers

Answer:

a. Yes, because it does not state how many dentists were surveyed.

Step-by-step explanation:

The graph doesn't show how many dentists were actually surveyed, which is a very important factor in interpreting results. Some people could have their own assumptions in this case. Some would think they only surveyed 5 dentists rather than 30 dentists, which affects the percentage or outcome of the result. The sample size in a survey is very crucial when it comes to conducting a research as well as analyzing the result. It will show a transparent distribution of the survey responses.

Answer:

A. Yes, because it does not state how many dentists were surveyed.

Step-by-step explanation:

how many cookies will Julie make in 7 days?

Answers

Answer:

700 cookies

Step-by-step explanation:

that's easy but there you go

Answer:

700 cookies in 7 days

Step-by-step explanation:


In a recent game, Syler played 4 minutes of each period. The four periods
are each 16 minutes. What fraction of the game did Syler play? Can you
represent it as a percentage

Answers

Answer: 25%

Step-by-step explanation:

select the pair of perpendicular segments from the figure below ​

Answers

Hskzozh8 i nekaoxhh akns skaldic

The ratio of the angle measures of the triangle are 3:1:5.if the longest side of the triangle is 15ft .the shortest side of the triangle is?

Answers

Answer:

3ft

Step-by-step explanation:

get the ratio of longest side which is 5over9 is equal to 15 what about 1 over 9 then u equate n get 3

Answer:

≈ 5.2 ft

Step-by-step explanation:

sum the parts of the ratio, 3 + 1 + 5 = 9 parts

Divide the angle sum of a triangle by 9 to find the value of one part of the ratio.

180° ÷ 9 = 20° ← value of 1 part of the ratio, then

3 parts = 3 × 20° = 60°

5 parts = 5 × 20° = 100°

The angles of the triangle are 100°, 60° and 20°

The longest side is opposite the largest angle in the triangle

The shortest side is opposite the smallest angle in the triangle.

Thus

the longest side is opposite 100°

the shortest side is opposite 20°

let x represent the shortest side and using the Sine rule

[tex]\frac{x}{sin20}[/tex] = [tex]\frac{15}{sin100}[/tex] ( cross- multiply )

x × sin100° = 15sin20° ( divide both sides by sin100° )

x = [tex]\frac{15sin20}{sin100}[/tex] ≈ 5.2 ( to the nearest tenth )

Thus the shortest side is ≈ 5.2 ft

Three less than half of a number is - 1. Find the number.

Answers

Answer:

x = 4

Step-by-step explanation:

Three less than half of a number is -1

The Half Of A Number means the number can be anything, so we can use "x." However, it is half so it would become: 1/2x.

Three less than means it is minus three, therefore becomes: 1/2x-3

However, three less than half of a number is (or in other words is equal too) -1,  so the overall equation is

1/2x - 3 = -1

first, add three on both sides to get:

      1/2x = 2

multiply two on both sides to get:

     x = 4

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