You work for a lender that requires a 20% down payment and uses the standard debt-to-income ratio to determine a person's eligibility for a home loan. Of the following, choose the person that you would rate the highest on their eligibility for a home loan?
person A person B person C person D
home value $175,000 $200,000 $220,000 $250,000
income $51,000. $58,000. $63,000. $67,000
savings. $35,000. $40,000. $42,000. $50,000
recurring debt. $350. $250. $200. $450

a.Person A
b. Person B
c.Person C
d. Person D​

Answers

Answer 1

The person C that you would rate the highest on their eligibility for a home loan.

Given that,

You work for a lender that requires a 20% down payment and uses the standard debt-to-income ratio to determine a person's eligibility for a home loan.

We have to determine,

The person that you would rate the highest on their eligibility for a home loan?

According to the question,

Person A Person B Person C Person D

Home value; $175,000 $200,000 $220,000 $250,000

Income; $51,000  $58,000 $63,000 $67,000

Savings; $35,000 $40,000 $42,000 $50,000

Recurring debt; $350 $250 $200 $450

Person A has eligibility for a home loan is,

Home price $175,000 on 20% down payment,

[tex]= \dfrac{175000 \times 20}{100}\\\\= 175000 \times 0.20 \\\\= 35,000[/tex]

Person A's income is $51,000 and his saving amount is $35,000.

Person A has the highest eligible for recurring debt.

Therefore, Person A is not eligible for a home loan.

Person B has eligibility for a home loan is,

Home price $200,000 on 20% down payment,

[tex]= \dfrac{200000 \times 20}{100}\\\\= 200000 \times 0.20 \\\\= $40,000[/tex]

Person B's income is $58,000 and his saving amount is $40,000.

Person B is the highest recurring debt.

Therefore, Person B is not eligible for a home loan.

Person C has eligibility for a home loan is,

Home price $220,000 on 20% down payment,

[tex]= \dfrac{220000 \times 20}{100}\\\\= 220000 \times 0.20 \\\\= $44,000[/tex]

Person C's income is $63,000 and his saving amount is $42,000.

Person C has the lowest recurring debt.

Therefore, Person C is eligible for a home loan.

Person D has eligibility for a home loan is,

Home price $250,000 on 20% down payment,

[tex]= \dfrac{250000 \times 20}{100}\\\\= 200000 \times 0.20 \\\\= $50,000[/tex]

Person D's income is $67,000 and his saving amount is $50,000.

Person D has the highest recurring debt.

Therefore, Person D is not eligible for a home loan.

Hence, The person C that you would rate the highest on their eligibility for a home loan.

For more details refer to the link given below.

https://brainly.com/question/9911386

Answer 2

Answer: B

Step-by-step explanation:

Just took the test on edge and got it right


Related Questions

The relationship between the actual air temperature x (in degrees Fahrenheit) and the temperature y adjust for wind chill (in degrees Fahrenheit, given a 20 mph wind) is given by the following formula:

y= -22 + 1.4x

Estimate the actual temperature if the temperature adjusted for wind chill is -15 degrees Fahrenheit.

Answers

The actual temperature is 5 degrees Fahrenheit if the temperature adjusted for wind chill is -15 degrees Fahrenheit.

What is a linear equation?

It is defined as the relation between two variables if we plot the graph of the linear equation we will get a straight line.

If in the linear equation one variable is present then the equation is known as the linear equation in one variable.

We have the relationship between the actual air temperature x (in degrees Fahrenheit) and the temperature y adjust for wind chill (in degrees Fahrenheit, given by 20 mph wind) is given as:

y = -22 + 1.4x

When.

The temperature adjusted for wind chill, y  = -15 degrees Fahrenheit
Put this value in the given linear equation, we get:

-15 = -22 + 1.4x

-15 + 22 = 1.4x    (add 22 on both sides)

7 = 1.4x

x = 5 degrees Fahrenheit  (divide by 1.4 on both sides)

Thus, the actual temperature is 5 degrees Fahrenheit if the temperature adjusted for wind chill is -15 degrees Fahrenheit.

Learn more about the linear equation here:

brainly.com/question/11897796

please helpppp!!! it’s timed!!!! thank u for helping!!!!!

Answers

Answer:

ADMC

Step-by-step explanation:

The secant of a circle is a line that cuts the cuts two points of the circumference with one end point external to the circle;

Fro the given diagram, the two lines that cuts the circumference of the circle at two points are AEB and ADMC

Hence the one that contains diameter with point M is line ADMC

will mark as brainliest!
y=acos(b(x-c))+d

give an explanation for how each letter a, b, c and d are shown in the graph compared to y=cosx

Answers

a shows the amplitude of the graph
b shows the period of the graph
c shows the phase of the graph whether it will be moved to the left or right in this case it’s being shifted to the left
d shows that the graph will be shifted either up or down in this case it will be shifted d units up.

A researcher wants to survey 2000 Americans for an obesity study. Match the strategies to their corresponding sampling techniques
The researcher posts the survey on the Internet the survey question and waits until 2000 people have responded.
The researcher gets the complete list from the Census Bureau and surveys every 1500th person on the list.
The researcher gets the complete list from the Census Bureau and uses a computer to randomly selc 2000 people.
The researeher makes sure that the proportion of respondents from each state matches the propontion of each state's population to the US population
The researcher picks 20 different small groups:a church group a Democrat club a student club etc. each containing 100 people.
Then the researcher makes sure that everyone from each group answers the survey question.
a. Stratified Sampling
b. Systematic Sampling
c. Simple Random Sampling
d. Cluster Sampling
e. Convenience Sampling
Hint: Sampling Methods License Points possible: 1 This is attempt 1 of 1.

Answers

Answer:

a. The researcher makes sure that the proportion of respondents from each state matches the proportion of each state's population to the US population.

b. The researcher gets the complete list from the Census Bureau and surveys every 1500th person on the list.

c. The researcher gets the complete list from the Census Bureau and uses a computer to randomly select 2000 people.

d. The researcher picks 20 different small groups:a church group a Democrat club a student club etc. each containing 100 people. Then the researcher makes sure that everyone from each group answers the survey question.

e. The researcher posts the survey on the Internet the survey question and waits until 2000 people have responded.  

Step-by-step explanation:

Samples may be classified as:

Convenient: Sample drawn from a conveniently available pool.

Random: Basically, put all the options into a hat and drawn some of them.

Systematic: Every kth element is taken. For example, you want to survey something on the street, you interview every 5th person, for example.

Cluster: Divides population into groups, called clusters, and each element in the cluster is surveyed.

Stratified: Also divides the population into groups. However, then only some elements of the group are surveyed.

The researcher posts the survey on the Internet the survey question and waits until 2000 people have responded.  

First 2000, so convenience.

The researcher gets the complete list from the Census Bureau and surveys every 1500th person on the list.

Every kth element, k = 1500, so systematic.

The researcher gets the complete list from the Census Bureau and uses a computer to randomly select 2000 people.

Randomly selects 2000 people, so random sampling.

The researcher makes sure that the proportion of respondents from each state matches the proportion of each state's population to the US population.

Divides the population into groups(by state), and a few members of each group are surveyed, so stratified.

The researcher picks 20 different small groups:a church group a Democrat club a student club etc. each containing 100 people. Then the researcher makes sure that everyone from each group answers the survey question.

Each element of the cluster is surveyed, so cluster sampling.

pls help me with this q ​

Answers

the answer is A because there is a constant pattern

Choose the answer that represents the product below as an exponential
expression
2•2•2•2
A. 5^2
B. 4^2
C. 2•4
D. 2^4

Answers

Answer:

2^4

Step-by-step explanation:

2*2*2*2

There are four 2's multiplied together

2 is the base and 4 is the exponent

2^4

Answer:

Hello There!!

Step-by-step explanation:

The answer is D. 2^4. 2^4 means the same as 2×2×2×2 which means 2 is multiplied my itself 4 times.

hope this helps,have a great day!!

~Pinky~

The dot plot below shows 6 data points with a mean of 16. 12 13 14 15 16 20 What is the absolute deviation at 19? 03 04 7 8​

Answers

Answer:

The absolute deviation at 19 is 3.

Step-by-step explanation:

Answer:

3

Step-by-step explanation:

|19-16|=3

subtract mean from expected value

35 is 40% of what
number?

Answers

Answer:

35 is 40% of 87.5

Step-by-step explanation:

[tex]\frac{40}{100}=\frac{35}{x}[/tex]

Cross multiply

[tex]40x=3500[/tex]

Divide both sides by 40

[tex]x=87.5[/tex]

Hope this helps

REFERENCE: LESSON 8 TO 12.
1.
Simplify the ratios 52 : 39
(1 mark)
Answer:
2.
Simplify 4/16:23
(1 mark)
Answer:
(1 mark)
3.
Express the ratio 8 : 56 in the form 1:n
Answer:
(1 mark)
4.
Solve for the unknown in the given proportion.
Answer:
(1 mark)
5.
Express the ratio 40 cm: 5 m in the form m:n.
Answer:​

Answers

Answer:

Step-by-step explanation:

1. 52:39

Divide both sides by 13:

= 4:3.

2.  4/16 : 23

= 1/4 : 23

= 1 :92.

3. 8:56

= 1:7.

4. ?

5. 40 cm 5 m

= 40 : 500

= 4:50

= 2:25.

SOMEONE HELP ME PLEASE

Answers

Answer:

x should be 9.

Step-by-step explanation:

y was multiplied by 3 (7 x 3 = 21), so multiply the value of x by 3 as well to get 9.

1 What is the solution to the inequality
12x < 264?
A x > 22
B x < 22
C x < 252
D x > 252

Answers

Answer:

x < 22

Step-by-step explanation:

12x < 264

Divide each side by 12

12x/12 < 264/12

x < 22

Given that,

12x < 264

Not we can divide each side by 12,

→ 12x/12 < 264/12

→ x < 22

So, option (B) is correct answer.

The monthly cost of driving a car depends on the number of miles driven. Lynn found that in May it cost her $420 to drive 500 mi and in June it cost her $444 to drive 620 mi. (a) Express the monthly cost C as a function of the distance driven d, assuming that a linear relationship gives a suitable model. C(d)

Answers

Answer:

[tex]C(d) = \frac{1}{5}d + 320[/tex]

Step-by-step explanation:

Given

[tex]d \to miles[/tex]

[tex]C \to cost[/tex]

So:

[tex](d_1,C_1) = (500,420)[/tex] --- May

[tex](d_2,C_2) = (620,444)[/tex] --- June

Required

Express as a function

Start by calculating the slope (m)

[tex]m = \frac{\triangle C}{\triangle d}[/tex]

[tex]m = \frac{444-420}{620-500}[/tex]

[tex]m = \frac{24}{120}[/tex]

Simplify

[tex]m = \frac{1}{5}[/tex]

The equation is:

[tex]C(d) = m(d - d_1) +C_1[/tex]

[tex]C(d) = \frac{1}{5}(d - 500) +420[/tex]

[tex]C(d) = \frac{1}{5}d - 100 +420[/tex]

Take LCM

[tex]C(d) = \frac{1}{5}d + 320[/tex]

Which function has a maximum with the same maximum value as..?
It wouldn't let me post my question, so I attached a screenshot. Thank you!

Answers

9514 1404 393

Answer:

  C.  -√(x+6) -2

Step-by-step explanation:

The functions x², √x, and |x| all have ranges that are non-negative values. This means the range of the given function f(x) = -|x+3|-2 will be values that are at most 2.

The ranges of the offered answer choices are ...

  A. y ≥ -3

  B. y ≥ -2

  C. y ≤ -2 . . . . . matches that of the given function

  D. y ≤ -3

will mark as brainliest:

give the equation of the given graph

Answers

Answer:

Step-by-step explanation:

y = A sin(B(x + C)) + D

amplitude is A = (5 - -1)/2 = 3

period is 2π/B = 4 ==> B = .5π

phase shift is C (positive is to the left) = 0

vertical shift is D = 2

-------------------------

y = 3sin(.5πx) + 2

Answer:

Step-by-step explanation:

In the image you can see the amplitude is 6/2=3

also you can see that the curve is shifted upwards 2 units

regarding to the frequency of the function, we can notice the it has a period of 4

[tex]w=\frac{2\pi}{\Gamma}=\frac{2\pi}{4}=\frac{\pi}{2}[/tex]

finally, the equation will be:

[tex]f(x)=2+3sin(\frac{\pi}{2}x)[/tex]

See the full equation on the attached image

At a basketball game, a vender sold a combined total of 200 sodas and hot dogs. The number of sodas sold was three times the number of hot dogs sold. Find the number of sodas and the number of hot dogs sold.

Answers

Answer:

50 hot dogs

150 sodas

Step-by-step explanation:

set up a system of equations where 'h' = # hot dogs sold and '3h' = # sodas sold

h + s = 200

s = 3h

h + 3h = 200

4h = 200

h = 50

s = 200-50 or 150

I would appreciate if someone could answer this for a brainlist :)

Answers

Answer:

x is 40° because it's same side interior angle

y is 140° because it's a corresponding angle with the 140° angle

z is 40° because it's a corresponding angle with x

Answer:

X=40, Y=140, Z=40 because total sum is 360

please, this is the last time I'm asking, just help me with the Volume.​

Answers

Answer: 4374

Step-by-step explanation:

NO LINKS NO FILES. After you add 3 to both sides of the equation 27 = m/6 - 3, what should you do next?

Answers

Answer:

Multiply each side by 6

Step-by-step explanation:

27 = m/6 - 3

Add 3 to each side

27+3 = m/6 - 3+3

30 = m/6

Multiply each side by 6

30*6 = m/6*6

180 = m

hey can some one help with this plz​

Answers

9514 1404 393

Answer:

  21 September

Step-by-step explanation:

Since Alicia is 12 days older, her birthday was 12 days before October 3rd. If we think of October 3rd as equivalent to September 33rd, then 12 days previous is the 33 -12 = 21st day of September.

Alicia's birthday is September 21st.

Identify a transformation of the function f(x)=|x| by observing the equation of the function g(x)=|x|+4.

Answers

Answer:

its 9 plus 9 and equals 19.0

What is the total surface area of a rectangular prism box that measures 5 feet by 1 foot by 1 foot

Answers

Answer:

22 ft²

Step-by-step explanation:

SA = 2(5 x 1) + 2 ( 5 x 1 ) + 2 (1x1)

SA = 20 + 2 = 22

If my answer is incorrect, pls correct me!

If you like my answer and explanation, mark me as brainliest!

-Chetan K

Jom!
06 PM
What is the slope of the line that passes through the points (-4, 4) and (-6, 6)?
Write your answer in simplest form.

Answers

Answer:

Step-by-step explanation:

find the absolute maximum and the absolute minimum of the given function on the given interval f(x)=xe^x/2 on [-3,1]

Answers

Answer:

View the graph for a visual

Step-by-step explanation:

Answer:

Step-by-step explanation:

[tex]f(x)=xe^{\frac{x}{2} } \\f'(x)=x*\frac{1}{2} e^{\frac{x}{2} } +e^{\frac{x}{2} } =e^{\frac{x}{2} } (\frac{x}{2} +1)\\[/tex]

f'(x)=0, gives x=-2

we find f(x) at x=-3,-2,1

f(-3)=-3e^(-3/2)≈-0.67

f(-2)=-2e^(-2/2)=-2e^{-1}=-2/e≈-0.74

f(1)=1 e^(1/2)=√e≈1.65

1x1=
9x6 =
18×6=
54×6=
10x2=​

Answers

1
54
108
324
20
This is the answers

Answer:

1x1=1

9x6 =54

18×6=108

54×6=324

10x2=​20

Step-by-step explanation:

some banks charge a fee on savings account that are left inactive for an extended period of time. the equation y=5000(0.98)^x represents the value, u of one account that was left inactive for a period of x years. what is the y-intercept of this equation, and what does it represent?

a. 0.98 the percent of money in the account initially?

b. 0.98, the percent of money in the account after x years

c. 5000, the account of money in the account initially

d. 5000, the amount of money in the account after x years

Answers

Answer:

it gotta be d cause i went with my instinct.

Step-by-step explanation:

solve write it out.

Gọi A là biến cố học giỏi mon toán, B là biến cố học giỏi môn văn. Biến cố của biến cố A+B có nghĩa là

Answers

What do you need help with

n circle P with \text{m} \angle NRQ= 60m∠NRQ=60, find the \text{m} \angle NPQm∠NPQ.

Answers

Answer:

i dont know

Step-by-step explanation:

i dont know

Pls help 12 points pls

Answers

Answer:

3/4

Step-by-step explanation:

Hi there!

There are 6 sections that are odd-numbered and there are 8 sections in total. Therefore, the probability that the pointer will land on an odd-numbered section is 6/8, or 3/4 when simplified.

I hope this helps!

3/4 is your answer, hope this helps :)

Help please match with the words

Answers

Answer:

Perpendicular

Skew

Parallel

Step-by-step explanation:

First one : the lines intersect and they form right angles

The second one : they don't intersect and appear on separate planes

The last : they are both sides of a rectangle on the same plane

Answer:

1.) skew

2.) perpendicular

3.)parallel

Step-by-step explanation:

hope that helps:)

Free Branliest Quick and Correct!

Answers

If it self explanatory... just divide the sum of total price by the Size of the item that’s all.. and they are saying the unit should be the same.. and the units too are given so.. you will convert.. then bear in mind that .99 is the same as 0.99 they use it to confused others.. so sum the total price and divide by the Size but let the units be the same... the conversion is given under it
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