Mathematics

Katelyn

3 November, 17:23

Jim has an annual salary of $96,000. His monthly expenses include a $2,500 mortgage payment, a $250 lease payment, $500 in minimum credit card payments, and a $425 payment on his speed boat. He also receives $1,200 in interest from his savings and other accounts each month. Calculate Jim's DTI (debt-to-income) ratio. a. 30% b. 35% c. 40% d. 45%

+5

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “Jim has an annual salary of $96,000. His monthly expenses include a $2,500 mortgage payment, a $250 lease payment, $500 in minimum credit ...” in 📙 Mathematics 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

What does 61.3 equals

121 is 55% of what number

This year 90 students signed up for the group Talent contest if all the groups have the same number of students how many groups could be formed a. 4 or 5 groups b. 5 or 6 groups. c. 4 or 6 groups d. 4 or 9 groups

If two angles are congruent and supplementary then each is a right angle true or false

Which equation has no solution? 24x + 32 - 2.1x = 20.9x + 30 + x + 2 24x + 32 - 2.1x = 20.9x + 30 + x - 2 24x + 32 - 2x = 20.9x + 30 + x - 2 24x + 32 = 20.9x + 30 NextReset

New Questions in Mathematics

Does the table show an exponential function? X 1 - 2 - 3 - 4 Y 3 - 9 - 27 - 81 Yes No

The price of 2 chocolate muffins are $1.50 at the corner store. How much would 7 Chocolate muffins cost?

You are on the manager of Bronx Zoo with the responsibility to decrease annual admission fares. You would recommend a decrease in the monthly fares only if you thought the demand curve for the Bronx Zoo visits was: a. Inelastic b. Elastic c.

Find the median of the data set. 14, 35, 20, 18, 29, 26

the height of the gem stone is 2.668 centimeters. the volume of the gem stone is 7.4793cubic centimeters. what is the side lenght of the base of the gem stone