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
$922
d. $960
more
C

Answers

Answer 1

Answer:

$898

Step-by-step explanation:

Answer 2

Based on Joey's debt-to-income ratio, the maximum monthly rent payment he can make and still maintain the DTI ratio is b. $898.

Monthly debt maximum payment

Joey has a DTI ratio of 36% which means that his maximum debt payment should be 36% of his income. This amount would be:

= DTI x monthly income

= 36% x 3,600

= $1,296

Maximum monthly rent

This can be found as:

= Maximum monthly debt payment - Car payment - Credit card payment

= 1,296 - 178 - 220

= $898

In conclusion, option B is correct.

Find out more on DTI ratios at https://brainly.com/question/24814852.


Related Questions

2. Kervins is $28 in debt because he borrowed money to buy food after school. He plans to pay back his debt at a rate of $7 per week. Which of the following equations best describes how many weeks it will take Kervins to pay off his debt?

(a) 28 +7 = 4
(b) - 28+ - 7 = - 4
(c) - 28 +- 7 = 4
(d) - 28+7 =-4​

Answers

C

-28 is his debt and adding or paying +7 every week


90 men and 60 women were asked if they had watched the latest 'Expendables' movie.
Altogether 3/5 of the people said Yes.

3/10 of the women said Yes.
What percentage of the men said No?

Show your work

PLEASE HELP DUE TODAY THANK YOU SO MUCH.


.

Answers

Answer:

63 men said no.

Step-by-step explanation

3/5 * 2/2 = 6/10, 6/10 - 3/10 (women) = 3/10 meaning 7/10 men said no. 90*1.7 = 153, 153-90=63

Answer:

30%. Remember the question is what percentage?

Step-by-step explanation:

Given Informations:

Men = 90

Women = 60

Total number (men + women) = 150.   ...... (1)

For Yes Members,

3/5 of the people said YES.

3/5 of 150 = 90 .......                                        (2)

This means that out of 150, 90 people said YES.

However, we dont know what ratio are men or women all we can deduce is that 90 said YES.

From the question, 3/10 are women that said YES.

Meaning 3/10 of 90 are women = 27. ..                  (3)

27  women said YES therefore

90 -27 = 63  Men said YES.

FOR NO Members,

If 90 out of 150 said yes, then 60 said NO.

However, we dont know the ratio of Men and Women that said NO. What we can do is to solve it from the known to the unknown.

For Men,

The total number is 90.

63 said YES, therefore (90 - 63 ) definitely said NO.

= 27 Men said NO                         (4)

For Women,

The total number of women is 60

27 said YES, Therefore (60 - 27) said NO

= 33 women said NO.      ( 5)

The question is what percentage of Men said NO?

Percentage =

number of men that said NO / The total number of Men  * 100

= 27/90 * 100

=30%

To Prove the Answer

If you agree with Eq 2, which says 90 people said yes. Therefore, (150 -90) = 60 said NO.

Remeber the 60 is inclusive of Men and Women.

Let's see, if we will get 60 when we add the number of men and women we got that said NO.

Add the value in Eq 4 + Eq 5.

27 + 33 = 60.

3 movie tickets, cost $36. At this rate, what is the cost per
ticket?

Answers

Answer:

$12 dollars a ticket

write an equation to solve for x 3x + 21 6x-60 will mark brainiest ​

Answers

Answer:

3x + 21 = 6x - 60

Step-by-step explanation:

parallel angles are equal

3x + 21 = 6x - 60

combine similar terms:

3x - 6x = -60 - 21

-3x = -81

x = 81/3

x = 27

now, plugin the value of x=27 back into the equation to get the angle:

= 3x + 21

= 3(27) + 21

= 102

= 6x - 60

= 6(27) - 60

= 102

as you noticed, both values are equal 102 = 102 because its a parallel angles

so the equation is 3x + 21 = 6x - 60

================================

what is the slope of the table shown I NEED THIS QUICK ​

Answers

Answer:

5

Step-by-step explanation:

Slope is defined as rise over run, so it is (26-11)/(5-2) = 15/3 = 5

Answer:

slope is 5

Step-by-step explanation:

slope formula says m= y2-y1/x2-x1

m=26-11/5-2

m=15/3

m=5

Yuppietown has two food stores, La Boulangerie, which sells bread, and La Fromagerie, which sells cheese. It costs $1 to make a loaf of bread and $2 to make a pound of cheese. If La Boulangerie’s price is P1 dollars per loaf of bread and La Fromagerie’s price is P2 dollars per pound of cheese, their respective weekly sales, Q1 thousand loaves of bread and Q2 thousand pounds of cheese, are given by the following equations: Q1 = 14 − P1 − 0.5P2 and Q2 = 19 − 0.5P1 − P2. (a) For each store, write its profit as a function of P1 and P2. Then find their best-response

Answers

Answer:

Step-by-step explanation:

Given that:

Q1 = 14 − P1 − 0.5P2

Q2 = 19 − 0.5P1 − P2

Recall that:

Profit = Total revenue - Total cost

π₁ = P₁Q₁ MCQ₁

π₁ = P₁(14 - P₁ - 0.5P₂) - Q₁

π₁ = 14P₁- P₁² - 0.5 P₁P₂ - 14 + P₁ + 0.5P₂

π₁ = 15P₁ - P₁² - 0.5P₁P₂ + 0.5P₂ - 14

π₂ = P₂ (19 - 0.5P₁ - P₂) - 2(19 - 0.5P₁ - P₂)

π₂ = 19P₁ - 0.5P₁P₂ - P₂² - 38 + P₁ + 2P₂

π₂ = 21P₂ - P₂² - 0.5 P₁ P₂ + P₁ - 38

The profit functions are π₁  & π₂

The best-response function from firm 1  is;

π₁ = 15P₁ - P₁² - 0.5P₁P₂ + 0.5P₂ - 14

[tex]\mathbf{\dfrac{\partial \pi_1}{\partial P_1}= 15 - 2P_1 -0.5P_2 =0}[/tex]

[tex]\mathbf{P_1= \dfrac{15-0.5P_2}{2}}[/tex]

The best-response function from firm 2  is;

π₂ = 21P₂ - P₂² - 0.5 P₁ P₂ + P₁ - 38

[tex]\mathbf{\dfrac{\partial \pi_2}{\partial P_2}= 21 - 2P_2 -0.5P_1 =0}[/tex]

[tex]\mathbf{P_2= \dfrac{21-0.5P_1}{2}}[/tex]

Here we must find the profit for each one of the two stores.

For La Boulangerie the profit is: (14 − P1 − 0.5*P2)*(P1 - $1)For La Fromagerie the profit is: (19 − 0.5P1 − P2)*(P2 - $2).

Remember that profit is defined as the difference between the revenue and the cost.

For La Boulangerie we know that they sell Q1 thousand loaves. Each loaf costs $1. Each loaf is sold by P1

Then the profit is just:

P = Q1*(P1 - $1) = (14 − P1 − 0.5*P2)*(P1 - $1)

Which is already written only in terms of P1 and P2.

Similarly, for the other store we will get the profit:

P' = Q2*(P2 - $2) = (19 − 0.5P1 − P2)*(P2 - $2)

Now we must get their best response, which is given by deriving it with respect to the price and making it equal to zero:

For the first store we have:

dP/dP1 = $1 + 14 - 0.52*P2 - 2*P1 = 0

Now we solve it for P1:

P1 = ($1 + 14 - 0.52*P2)/2

Similarly, for the other store we have:

dP'/dP2 = 19 - 0.5*P1 - 2*P2 + $2 = 0

Solving it for P2 it gives:

P2 = (19 - 0.5*P1 + $2)/2

If you want to learn more about profit, you can read:

https://brainly.com/question/23103804

When a number changes position, but the answers are still the same this is called?
associative property
B identity property
C commutative property of addition or multiplication
D

Answers

Answer:

fortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnite

Step-by-step explanation:

fortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnitefortnite fortnite fortnite fortnite

2. Rectangle A measures 8 inches by 2 inches. Rectangle B is a scaled copy of Rectangle
A. Select all of the measurement pairs that could be the dimensions of Rectangle B.
a. 40 inches by 10 inches
b. 10 inches by 2.5 inches
c. 9 inches by 3 inches
d. 7 inches by 3 inches
e. 6.4 inches by 1.6 inches

Answers

Answer:

a. 40 inches by 10 inches

Step-by-step explanation:

Given the measurement of Rectagle A = 8in by 2in. If rectangle B is a scaled copy, this means the length and with of the new triangle by be that of A multiplies by a constant factor.

If the scale is 5:1, this means that the dimension of Rectangle B is as shown;

Length of B = 5(8in) = 40in

Width of new Rectangle B = 2(5) = 10in

Hence the measurement pairs that could be the dimensions of Rectangle B are 40in by 10in

the rest of the measurement are not multiplied by a constant value.

PLEASE HELP I DONT WANT TO FAIL

The IQ of 10 adults is measured, and the results are 83, 87, 90, 92, 93, 100, 104, 111, 115, 121. Find the range of the data set. (4 points)


A: 83−121

B: 38

C: 96.5

D: 204

Answers

Answer:

B

Step-by-step explanation:

range = biggest - smallest

121 - 83 = 38

range = 38

the correct answer is B: 38, representing the difference between the highest and lowest values in the data set, and it correctly reflects the range of the given IQ scores.

To find the range of the data set, we need to determine the difference between the highest and lowest values in the set. Given the IQ scores of the 10 adults as 83, 87, 90, 92, 93, 100, 104, 111, 115, and 121, the highest value is 121, and the lowest value is 83.

Thus, the range can be calculated as 121 - 83, which equals 38. Therefore, the correct answer is B: 38, representing the difference between the highest and lowest values in the data set, and it correctly reflects the range of the given IQ scores.

Learn more about range here

https://brainly.com/question/28677902

#SPJ2

seventh grade mathematics​

Answers

Answer:

???

Step-by-step explanation:

what is the y-intercept of x^2-6x+9

Answers

Answer:

9=y

Step-by-step explanation:

The y-intercept is the point at which the graph of the equation crosses the y-axis.  This is the point at which x=0 so you can calculate the y-intercept by plugging into the given equation.

[tex]x^2-6x+9=y\\0^2-6(0)+9=y\\0-0+9=y\\9=y[/tex]

Hope this helps!!

A rectangle that is 2 inches by 3 inches has been scaled by a factor of 7.

1. What are the side lengths of the scaled copy?

2. Suppose you want to scale the copy back to it's original size. What scale factor should you use?

Answers

Answer:

To get the new scaled copy length and width just multiply by seven (2x7 & 3x7)

New length would be 14 because it's "seven times" the original size

New width would be 21

Step-by-step explanation:

1.) 14 and 21

2.) 14 divided by 7 will give you 2

and 21 divided by 7 will give you 3

The answer for question 2 would be to divide your new answers (21 and 14) by the scaled factor of 7.

What's the answer for this problem number 6 and how did you get your answer?

Answers

[tex] \frac{7}{b + 5} = \frac{10}{5} \\ [/tex]

[tex] \frac{7}{b + 5} = 2 \\ [/tex]

Multiply the sides of the equation by ( b + 5 ) :

[tex]7 =2 \times (b + 5)[/tex]

[tex]7 = 2b + 10[/tex]

Subtract the sides of the equation minus 10 :

[tex]7 - 10 = 2b[/tex]

[tex] - 3 = 2b[/tex]

Divided the sides of the equation by 2 :

[tex]b = - \frac{3}{2} \\ [/tex]

____________________________

And we're done.

Thanks for watching buddy good luck.

♥️♥️♥️♥️♥️

Determine the value of y, if x is – 1.
y = |x| – 4

Answers

Answer:

y = -3

Step-by-step explanation:

y = |x| - 4

y = |-1| - 4

y = 1 - 4

y = -3

Diana baked 39 cookies with 3 scoops of flour. How many scoops of flour does Diana need in
order to bake 169 cookies? Solve using unit rates.

Answers

Answer:

Diana needs 13 scoops of flour to bake 169 cookies.

Step-by-step explanation:

well, first you need to find the unit rate.

if 3 scoops of flour makes 39 cookies,

then 1 scoop of flour makes 13 cookies. (39/3)

next, since the unit rate is 13 cookies per flour-scoop, divide 169 by 13 to get your answer.

169/13 = 13

5.) Consider a square with side lengths x.

Write an equation for the perimeter p of the square, then rearrange the equation to make x the subject

Answers

As x is the side length
The perimeter will be x + x + x + x = 4x

Answer:

The perimeter p of the square is:

[tex]p=4x[/tex]

And in terms of x:

[tex]\displaystyle x = \frac{1}{4}p[/tex]

Step-by-step explanation:

Part A)

We are given a square with side lengths x.

Recall that all four sides of a square are equivalent. Therefore, our perimeter is:


[tex]\displaystyle \begin{aligned} p & = x + x + x + x \\ \\ & = 4x\end{aligned}[/tex]

Part B)

To make x the subject of the equation, divide:


[tex]\displaystyle \begin{aligned} p & = 4x \\ \\ x & = \frac{p}{4} \end{aligned}[/tex]

The triangles shown below must be congruent.
M
40°
40°
12
12
O A. True
O B. False

Answers

True

The statement is true because :

Both these triangles are Congruent to each under the ASA congruence postulate . We say this because :

1) The two angles in both the triangles which are each other's corresponding part are equal ( 40° = 40° and 50° =50° )

2) There is one common side which is 12 . As both of the common sides are equal , these triangles are said to be congruent to each other .

I NEED HELP!! I WILL MAKE YOU BRAINLIEST!!! ITS PROBEBLY EASY FOR YOU, I'M IN 5TH GRADE!!!

Answers

The picture is not loading can you resubmit

Answer:

1. A-4.875

2. True, False, True, False

3. B- 19.227

4. A- 0.012

5. A, B, F.

6. B

7. B

8. C- 15 r 3

9. B- 8.5

10. A, B, D

11. D-14

12. Yes, No, No, No

-------------------------------------------

1.

Less than - 3.55 + 1.05 | 7.59 - 2.6 | 3.07 + 2.44 |

Equal to - 8.4 - 2.9 | 7.5 - 2 |

Greater to - 4.5 + 1.5 |  2.18 + 3.6 |

2. 25 r 2

3. 26 r 2

4. 31 r 10

5. 26 r 2

6. 2.94

7. 0.48

8. 2.53

9. 11.4

10. 2.5

11. 1.79

12. 16

13. 12

14. Tire-Rama - 187.50

These should be all correct :) Have a great day!

what's the answer? pls help

Answers

Answer: -2

I'm not so sure what it means by slope, but because I saw a pattern between x and y (it decreases by 2 every x value and decreases by 4 every TWO x values) values so I would pick -2. BUT I don't know if the answer is -4.

Step-by-step explanation:

Which one is the right one?

Answers

B is answer.
Explanation: none

What is 4589 rounded to the nearest thousand

Answers

Answer:

35000

Step-by-step explanation:

n 34519, the hundredth digit is 5 and so, rounding off 34519 to the nearest 1000 result in 35000.

The Americans with Disabilities Act (ADA) requires a straight ramp have a slope no greater than 1/12.
a. What is the slope of the ramp in the figure? Does it meet the ADA requirement?

Answers

Answer:

well having this helps the commutie

Step-by-step explanation:

The area of a rectangle is (x^4+4x^3+3x^2-4x-4) and the length of the rectangle is (x^3

Answers

Answer:

what

Step-by-step explanation:

what is the question

2x80 pl help me ASAP if you can

Answers

Answer:

160

Step-by-step explanation:

can you help me with this problem please ​

Answers

Answer:

c

Step-by-step explanation:

if your talking bout the one at the top

Kevin weighs himself and discovers he weighs 78,900 grams. How many kilograms does Kevin weigh?

Answers

Answer:

He would weigh 78.9 kilograms. hope this helps.

What is -0.3 x -10/13

Answers

3/13 if I’m not mistaking or 0.23
In my opinion I think it is 3/13

PLZ HELP I NEED THIS ANSWER IM BEING TIMED

Answers

Answer:

The answer is -3. Hope that helped

The answer is -3 Hope that helped, and yea i’m foshoo that’s the answer

Which set of real numbers is
ordered from least to greatest?
A {-1,0,2,4,715}
B {-4,-1, -2,0,12}
C{-4,0,-2,75,5}
D{-5,-3,72,2.8,77}

Answers

It’s option a man easy

Under a dilation with center P and scale factor k, A' is the image of A. What is the value of k if PA = 7, and PA' = 28?

Answers

Can i please get the equation so i can solve it

I will edit this after you put it

Ignore this \/

Under a dilation with center P and scale factor k, A' is the image of A. What is the value of k if PA = 7, and PA' = 28

Under a dilation with center P and scale factor k, A' is the image of A. What is the value of k if PA = 7, and PA' = 28?Under a dilation with center P and scale factor k, A' is the image of A. What is the value of k if PA = 7, and PA' = 28?Under a dilation with center P and scale factor k, A' is the image of A. What is the value of k if PA = 7, and PA' = 28?Under a dilation with center P and scale factor k, A' is the image of A. What is the value of k if PA = 7, and PA' = 28?Under a dilation with center P and scale factor k, A' is the image of A. What is the value of k if PA = 7, and PA' = 28?Under a dilation with center P and scale factor k, A' is the image of A. What is the value of k if PA = 7, and PA' = 28?Under a dilation with center P and scale factor k, A' is the image of A. What is the value of k if PA = 7, and PA' = 28?Under a dilation with center P and scale factor k, A' is the image of A. What is the value of k if PA = 7, and PA' = 28?Under a dilation with center P and scale factor k, A' is the image of A. What is the value of k if PA = 7, and PA' = 28?

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