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

(2t - 4)(3t + 3)
Find the product. Simplify for answer

Answers



(2t-4)(3t+3)
2t(3t+3)-4(3t+3)
6t^2+6t-12t-12
6t^2-6t-12

✽ - - - - - - - - - - - - - - - ~Hello There!~ - - - - - - - - - - - - - - - ✽

[tex](2t-4)(3t+3)[/tex]

[tex]= (2t + -4) (3t + 3)[/tex]

[tex]= (2t) (3t) + (2t) (3) + (-4) (3t) + (-4) (3)[/tex]

[tex]= 6t^2 + 6t - 12t - 12[/tex]

[tex]= 6t^2 - 6t - 12[/tex]

➶ Hope This Helps You!

➶ Good Luck (:

➶ Have A Great Day ^-^

↬ May ♡

h(t) = (t + 3) + 5
What is the average rate of change of h over the interval -5

Answers

3 would be the answer i’m pretty sure

How many millimeters are in 90 ounces?

Answers

Answer:2661615

Step-by-step explanation:

29573.5 is how many millimeters are in an ounce multiply that by 90 and you get 2661615

hope this helps

Answer:

you used two different types of things ounces measure mass and millimeters measure length

but I used google and it said 2.662e+6

Which of the following BEST describes how use of the multiplication property of equality to isolate the variable x below?

–3x = 12

Answers

Answer:

multiply both sides of the equation by -1/3

Step-by-step explanation:

multiplication property of equality says we can multiply both sides of the equation by the same amount to form an equivalent equation

8=2+3d u got to get d. i need this asap

Answers

Answer:

d = 2

Step-by-step explanation:

8 - 2 = 6

6 / 3 = 2

plz mark brainliest

Answer:

d=2

Step-by-step explanation:

Switch the left and right sides

2+3d=8

Rearrange the expression

3d+2=8

Separate the constants and variables

3d=8−2

Add or subtract the numbers

3d=6

divide both sides by 3

3d/3=6/3

d=2

hope it helps :)

Logan earned $8
for each dog he walked last summer. This summer, he raised his fee to $9
per dog. Express the change in Logan’s fees as a percent. Round to the nearest tenth of a percent

Answers

Answer: 11.11%

Step-by-step explanation: Since he earned 8 dollars for each dog last summer, and he now raised it to 9 dollars per dog, we can make the subtract 9/9 - 8/9, which would equal 1/9. 1 is 11.111% of 9, so that's the answer.

Please answer this correctly I only have a little bit of time

Answers

Answer:

1.Commutative

2.Associative

3.Distributive

4.Double Negative

Step-by-step explanation:

Hope this helps! :)

Answer:

1.commutative2.associative3.distributive4.double negetive

Car A is traveling east at a steady speed of 60 miles per hour after 2 hours, it is 130 miles east of Johnstown. car B is traveling east on the same road. its distance east of Johnstown is represented by the graph.
Please help!

Answers

Answer: A

Step-by-step explanation:

Car B was 10 miles east of car A.

What is speed?

The rate of change of position of an object in any direction is called speed.

What is the relation between speed, distance and time?

[tex]speed = \frac{distance}{time}[/tex]

According to the given question

Speed of car A was 60 miles/hour.

⇒ After 2hours the distance covered by car A = 60 × 2 = 120 miles.

But it is given that car travelled total 130 miles.

So, the extra distance covered by the car = 130 - 120 = 10 miles.

From the graph we can say that the distance.

At, Time = 0

The distance travelled by car B is 20 miles.

Now, the extra distance covered by the car A w.r.t B = 20 - 10 = 10 miles

Since, both the cars were travelling in east direction.

Therefore, Car B was 10 miles east of car A.

 

Find out more information about speed distance and time here:

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Which expression correctly represents “six more than the product of five and a number, decreased by one”?
6 + 5 n minus 1
6 + 5 + n minus 1
6 + 5 (n minus 1)
(6 + 5) n minus 1

Answers

C. 6+5(n-1) correctly represents

Answer:

its b

Step-by-step explanation:

What would be the profit when the price is $35?

Answers

Step-by-step explanation:

The total expenses stay the same at $92,039.

The income changes to 12,000 × $35 = $420,000.

So the profit is $420,000 − $92,039 = $327,961.

Find the quotient.
5,400 / 90

Answers

Answer:

5,400 ÷ 90 = 60

Step-by-step explanation:

hope it helps!

The answer is 60 you just need to divide

One hundred minus
six times x is equal to
twenty-seven
What is algebraic expression?

Answers

Answer:

100 - 6x = 27

Step-by-step explanation:

Write the number four hundred thirty-eight million,eight hundred thousand is standard form

Answers

438,800,000

Standard form is numbers

Answer:

438,800,000

Step-by-step explanation:

The number 438 million comes first, so put 438 and then a comma.

The number 800 thousand is next, so put 800 and then a comma.

There is no number for the hundreds, tens, and ones place, so put 000 with no comma after, like this.

438,800,000

Translate the sentence into an inequality

A number X increased by 5 is less than -17

Answers

X + 5 < -17

Hope this helps!

Find the slope of each line.

Answers

Answer:

It is 1/2

Step-by-step explanation:

the rise is 2

the run is 4

2 over four simplifies to one half

Jason left home for school at 7:30 a.m. and arrived at school at 8:35 a.m. how long did​

Answers

The answer for this question will be 1hours 5 mins
Jason took 1 hour and 5 mins (or 65 mins) to travel from Home to School


The cost of an Uber ride can be modled by y = 3x + 5, where x is the number of miles driven. You paid $44 in a
cab fare, how many miles did you drive?

Answers

Answer:

13

Step-by-step explanation:

44=3x+5

44-5=39

39/3=13

Answer:

13 miles driven

Step-by-step explanation:

y = 3x + 5

Y is the amount we paid, so we insert 44 into the equation.

44 = 3x + 5

Any thing you do to one side of the equation, you do to the other side, so -5 from both sides.

44-5 = 39

5-5 = 0

So you are left with:

39 = 3x + 0    (So you can ignore the 0)

Like I said earlier, anything you do to one side of the equation you do to the other so divide both sides by 3:

39 divided by 3 = 13

3 divided by 3 = 1

So now you have:

13 = 1x

So x = 13 and that is how many miles you drove.

If this is confusing let me know

Six more than the product of eight and a number X .right as an expression

Answers

Answer:

2x + 8

Step-by-step explanation:

Let x be that number:

2x + 8

identificación de la intención del mensaje o del texto leído​

Answers

Answer:

La identificación de la intención del mensaje o del texto leído no es otra cosa que la interpretación del mismo. Es decir, a través de la lectura y la identificación de las diferentes variables comunicativas, el lector realiza un análisis del contenido del texto y lo interpreta, buscando dilucidar la intención que el redactor tuvo al momento de escribir el mensaje o texto en cuestión. La interpretación de textos es fundamental para poder comprender lo que se encuentra redactado, es decir, para poder lograr una total comprensión del texto.

The fraction 4/10 can be written as what

Answers

.40 or 40%. The fraction 4/10 is equal to 40/100.

Answer:

In decimal form 0.4 or 4/10 or 2/5 (simplified). Also, in percentage form 40%.

Step-by-step explanation:

4.) solve for f(g(2))

Answers

Answer:

[tex]f(g(2))=10[/tex]

Step-by-step explanation:

We have the two functions: [tex]f(x)=3x-5[/tex] and [tex]g(x)=2+\frac{6}{x}[/tex].

We want to find [tex]f(g(2))[/tex].

So, let's use the second function to find [tex]g(2)[/tex] first:

[tex]g(2)=2+\frac{6}{2}[/tex]

Divide:

[tex]g(2)=2+3[/tex]

Add:

[tex]g(2)=5[/tex]

Therefore, our expression is the same to [tex]f(g(2))=f(5)[/tex].

Now, we can substitute 5 for f(x). This yields:

[tex]f(5)=3(5)-5[/tex]

Multiply:

[tex]f(5)=15-5[/tex]

Subtract:

[tex]f(5)=10[/tex]

So:

[tex]f(g(2))=10[/tex]

And we're done!

1/3j =9

A.)27
B.)9
C.)3
D.)4

Answers

The answer is B.)9 the answer is B.)9

What is the solution to the system of equations graphed below?

Answers

Answer: C.  (1,4)

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

The graphs cross at this point. Intersection points are solutions to systems of equations.

Put another way, (1,4) is on the blue line and on the red line simultaneously.

A point on the red line is a solution to the red equation. A point on the blue line is a solution to the blue equation.

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

Checking the answer:

y = x+3

4 = 1+3 ... plug in x = 1 and y = 4 into the blue equation

4 = 4 .... solution works for the blue equation

y = 3x+1

4 = 3(1)+1 ... plug in x = 1 and y = 4 into the red equation

4 = 3+1

4 = 4 ... solution also works for the red equation

This fully confirms the solution

PLZ HELP FAST
Which is closest to the area of a circle with a diameter of 6 inches?
Select one:

108 square inches

36 square inches

27 square inches

54 square inches

Answers

108 I think the answer is so a sorry if wrong

Original Function and Transformed function. what is the transformation?

Answers

Answer:

A function transformation takes whatever is the basic function f (x) and then "transforms" it (or "translates" it), which is a fancy way of saying that you change the formula a bit and thereby move the graph around. ... Moving the function down works the same way; f (x) – b is f (x) moved down b units.

f(x)=-5x-4x^-3 Please Help!

Answers

Answer:

-:3"5'6:7;8\4-4-4-4✓

The answer to a multiplication problem
5 x 2 = 10
Sum
Difference
Product
Quotient​

Answers

Answer:

Product

Step-by-step explanation:

1. Add 4.2 to both sides.

2. Divide both sides by -3.

Answers

you should share a picture of the problem so it can be solved. Because we need to know what we’re adding 4.2 to on both sides

HOW DO YOU SEE IT The diagram represents the number of students in a school with brown eyes,
brown hair, or both.
*picture*
Determine whether each inequalities must be true. Explain your reasoning.
(Choices in photos)

Answers

Answer:

a. true; the # brown hair is either greater than or equal to the # of brown eyes

b. false; the # of brown hair + 10 can only be greater to the # of brown eyes, not equal

c. true; the # of brown hair can only be greater than the # of both brown hair & eyes

d. false; the # of brown hair + 10 can only be greater then the # of both, not equal

e. true; the # of brown hair can only be greater then the # of both brown hair & eyes

f. true; the # of brown hair + 10 can only be greater then the # of both

Step-by-step explanation:

hope this helped you out

Venn diagrams gives a visual representation of the distribution of a whole divided into two or more groups using circles. Going by the scale of the Venn diagram given, only the inequalities A, C, E and F must always be true.

Size of brown hair = H

Size of brown eyes = E

Size of those who have both = X

From the Venn diagram given ; we can deduce that H = E

Evaluating the inequalities :

H ≥ E is True because H = E

H ≥ X is True because proportion of H is more than X

H > X is True because proportion of H is more than X

H + 10 ≥ E is must not always be True because H = E ; adding 10 more to H will make H more than E always.

H + 10 ≥ X is False because proportion of H is more than X, adding 10 more to H, the proportion gets bigger

H + 10 > X is True because proportion of H is more than X

Therefore, only the inequalities A, C, E and F must always be true.

Learn more : https://brainly.com/question/12570490

The length of a rectangle is 3 inches more than it’s width. if the perimeter is 42 inches, find the dimensions of the rectangle

Answers

Answer:

Length = 9 in  Width = 12 in

Step-by-step explanation:

Length L = 3 + W

Perimeter P = 42 in

Perimeter = 2L + 2W

plugin values:

42 = 2(3 + W) + 2W

42 = 6 + 2W + 2W

42-6 = 4W

W = 36 / 4

W = 9  

solve L by substituting the value of W=9 into the equation:

L = 3 + W

L = 3 + 9

L = 12

therefore, the dimensions of the rectangle:

                Length = 9 in

                Width = 12 in

The dimensions for the rectangle are 12 in and 9 in if the length of a rectangle is 3 inches more than its width. if the perimeter is 42 inches.

What is rectangle?

It is defined as the two-dimensional geometry in which the angle between the adjacent sides are 90 degree. It is a type of quadrilateral.

It is defined as the area occupied by the rectangle in two-dimensional planner geometry.

The area of a rectangle can be calculated using the following formula:

Rectangle area = length x width

It is given that:

The length of a rectangle is 3 inches more than its width. if the perimeter is 42 inches.

Let l be the length and w  be the width of the rectangle.

Length l = 3 + w

Perimeter P = 42 in

Perimeter = 2l + 2w

42 = 2(3 + w) + 2w

w = 36/4

w = 9 in

solve for l by substituting the value of w = 9 into the equation:

l = 3 + w

l = 3 + 9

l = 12 in

Thus, the dimensions for the rectangle are 12 in and 9 in if the length of a rectangle is 3 inches more than its width. if the perimeter is 42 inches.

Learn more about the rectangle here:

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