Bessie has an annual salary of $51,360. Each month she has a car payment of $210 and a student loan of $50. If she applies for a home loan, how likely is it Bessie will be approved based on her debt-to-income ratio? a. Very likely; recurring debt is less than what is allowed. b. Somewhat likely; recurring debt is equal to what is allowed. c. Not likely; recurring debt is higher than what is allowed. d. There is not enough information given to determine the answer.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Bessie has an annual salary of $51,360. Each month she has a car payment of $210 and a student loan of $50. If she applies for a home loan, ...” 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 is the place value of 5 in 5,678.321
Answers (2)
What is the equation for the line that passes through (1, 1) and has a slope equal to 4? a. y = 4x - 3 b. y = 4x + 3 c. y = 3x + 4 d. y = 3x - 4 Which line is parallel to 2x + 4y = 6? a. 4x + 6y = 8 b. 3x + 6y = - 7 c. 4x + 2y = - 6 d. 6x + 3y = 5
Answers (1)
How many distinct values are possible for the expression 8 + 4 • 6 : 2 if one set of parentheses may be placed in the expression?
Answers (2)
Two classes are planning to go on a field trip together. One clas with 18 students is being joined by 6 boys and 11 girls from another class, giving an overall ratio of boys to girls on the field trip of 2 to 3.
Answers (1)
How do I multiply 42 x 7.2
Answers (1)
New Questions in Mathematics
What is the area of the triangle? A right triangle with side lengths 3.6 feet, 6 feet, and 4.8 feet. The base is 4.8 feet and the height is 3.6 feet. 8.64 feet squared 10.8 feet squared 14.4 feet squared 17.28 feet squared
Answers (2)
The value of a company in millions of dollars during its first 10 years increased by 2% each year. The original valuation of the company was 2.1 million dollars. Write a function to represent the value of the company x years after being founded.
Answers (1)
What's 12x3-9x2-4x+3 in factored formed
Answers (1)
Students sold 275 tickets for a fundraiser at school. Some tickets are for children and cost $3, while the rest are adult tickets that cost $5. If the total value of all tickets sold was $1,025, how many of each type of ticket was sold?
Answers (1)
Simplify (3x+7) - (4x-2)
Answers (1)