Your mortgage payment is 954.32/month. Using proportions, what is the minimum what is the yearly amount you have in realized income to keep your housing expense the acceptable range?

$40,899.43

Step-by-step explanation:

Assume an acceptable mortgage repayment plan of 27% of pretax monthly income.

Annual realized Income is given by the product of the monthly mortgage payment by 12 months divided by the acceptable rate.

*Note that acceptable rate/proportion is relative and depends on the individual.

1/4 and 8/3 because:

the reciprocal if 4 is 1/4 because 4 is used as 4/1 and the opposite of that is 1/4. the opposite of 3/8 is 8/3 so that is the answer.