This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Principal, interest, and property taxes on a mortgage are $1209, with heating costs of $68 and condo ... (Read 300 times)

leilurhhh

  • Hero Member
  • *****
  • Posts: 560
on: Nov 11, 2019
Principal, interest, and property taxes on a mortgage are $1209, with heating costs of $68 and condo fees of $180 monthly. The borrower also has a student loan with $100 monthly payments. If the gross debt service ratio required is 30 percent, what will be the lowest monthly income that will qualify for the mortgage financing?
◦ $4257
◦ $4890
◦ $4557
◦ $4857
Personal Finance ¦ Madura, Gill ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by leilurhhh on Nov 11, 2019

C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 58% of students answer this correctly


Pranshu Gupta

  • Newbie
  • *
  • Posts: 2
Reply #2 on: Dec 9, 2021
tysm


« previous next »
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Energy costs of locomotion. Energy costs of locomotion.
The principal components of a spectrophotometer The principal components of a spectrophotometer
Increasing Costs of Natural Disasters Increasing Costs of Natural Disasters
During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage, During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage,
How to calculate compound interest (Part 2) How to calculate compound interest (Part 2)
Summary of Functions of Principal Parts of the Brain Summary of Functions of Principal Parts of the Brain
Video: Dissociative Disorders (Part 3)

For a complete list of videos, visit our video library