Mathematics, 23.02.2021 23:20, pcartei

Joey would like to apply for a loan but knows that his high debt-to-income (DTI) ratio will probably get in his way. He would like to lower his DTI ratio by lowering the amount of his gross monthly income that goes to living expenses. Joey's current monthly expenses include a rent payment of $1,100, a $178 car payment, and a combined minimum payment of $220 for his credit card debt. His current gross monthly income is $3,600. If Joey moves to a new apartment, what is the maximum monthly rent payment he can make and still maintain a DTI ratio of 36%? a. $702 b. $898 c. $922 d. $960

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 19:00, mommytobe2019

How do you find the circumfrance of a circle?

Answers: 1

continue

Mathematics, 22.06.2019 00:00, nyctvinny8290

Two poles, ab and ed, are fixed to the ground with the of ropes ac and ec, as shown: what is the approximate distance, in feet, between the two poles? 6.93 feet 8.66 feet 12.32 feet 15.59 feet

Answers: 1

continue

Mathematics, 22.06.2019 01:00, pineapplepizaaaaa

Which number produces an irrational number multiplied by 1/3

Answers: 1

continue

Mathematics, 22.06.2019 02:00, daviddorley

Ven the functions, f(x) = 5x2 - 3x + 1 and g(x) = 2x2 + x - 2, perform the indicated operation. when applicable, state the domain restriction. (f - g)(x) 3x2 - 4x + 3 3x2 - 2x - 1 3x2 - 4x - 1 3x2 - 2x + 3

Answers: 3

continue

Do you know the correct answer?

Joey would like to apply for a loan but knows that his high debt-to-income (DTI) ratio will probably...