Timothy Carter has net monthly income of $5,400. He has a monthly auto loan payment of $750, a student loan payment of $390, a mortgage payment of $1,700, and a credit card minimum payment of $125. What is his debt-payments-to-income ratio? (Round your answer to 1 decimal)
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Timothy Carter has net monthly income of $5,400. He has a monthly auto loan payment of $750, a student loan payment of $390, a mortgage ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Which two quantities does a budget balance?
Answers (1)
Theo Chocolate's early strategy to have a competitive advantage over other chocolate manufacturers involved: a. manufacturing mainstream chocolate and packaging them in exciting packaging. b.
Answers (1)
Senath Company's annual report reveals net credit sales of $240,000 and average accounts receivable of $20,000. The report also shows an average inventory balance of $10,000 and cost of goods sold of $200,000.
Answers (1)
Valport Valve Company manufactured 7,800 units during March of a control valve used by milk processors in its Shreveport plant. Records indicated the following: Direct labor 40,200 hr. at $14.60 Direct material purchased 30,000 lb. at $3.
Answers (1)
Your friends own a lawn care business. They own their own equipment and trailers to transport it. Eventually they buy out another local lawn care company and double their customers.
Answers (2)
New Questions in Business
Sherri is a self - employed house painter. she has no regular office, and she does not have a qualified office in her home. therefore, the locaiton of her first business contact inisde the metropolitan area is her office.
Answers (1)
if a taxpayer's 2019 household income of $60,000 places the taxpayer at 350% of the federal poverty level, what is the taxpayer's normal expected contribution when calculating the refundable tax credit for which the taxpayer may be eligible under
Answers (1)
While most accounts suggest that Henrietta never met George Gey or knew about HeLa, Laure Aurelian says that Gey recounted meeting with Henrietta before her death. Do you find this story believable?
Answers (1)
The Timken Company has announced a rights offer to raise $5.1 million. The company's stock currently sells for $34 per share, there are 1.207 million shares outstanding, and one right will be granted for each outstanding share.
Answers (1)
There is a huge inflow of refugees from the wars in the Middle East to parts of Europe and Scandinavia. What kind of anthropologist would probably offer the most useful input to the politicians making decisions about resettlement programs?
Answers (1)