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?
Find 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 the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Follow the process of completing the square to solve x^2 - 10x + 8 = 0. What is the value of the constant that will be isolated on the right side of the equation in step 3? answer options are: a.-32 b.-12 c.-8
Answers (1)
Which is greater 30000L or 3kL
Answers (1)
Write a formulae for the general formlae sequence-2,4-8,16 ... a7. find the nterm a^n a7
Answers (1)
A kite is inscribed in a square with a side length of 9 units. What is the area of the kite? 27.5 square units 36.0 square units 40.5 square units 45.0 square units
Answers (2)
Anthony purchased 4 burgers for 4.60. Based on this rate, how much would one burger cost?
Answers (2)
New Questions in Mathematics
Both triangles are similar. The area of the smaller triangle is about 270 ft^2. What is the best approximation for the larger triangle?
Answers (1)
The teacher selerated her class of twenty eight students into two groups. one group has four more than twice as many students as the other group how many students are in each group
Answers (1)
Carla drops a carton of eggs. out of 12 eggs, 7 eggs are cracked. as a decimal, what fraction of the eggs are not cracked? [round to 2 places.]
Answers (1)
What is 16,473 rounded to the nearest hundred and thousand
Answers (1)
19.83 rounded to the nearest tenth
Answers (1)