subject
Business, 05.11.2019 02:31 Axe15x

Aman earns $20,000 per year and can qualify for a monthly piti (principal, interest, taxes, insurance) payment equal to 25% of his monthly salary. if the annual tax and insurance is $678.24, what loan amount will he qualify for given a monthly pi (principal interest) payment factor is $10.29 per $1000 of loan amount? to be clear, a payment factor is the amount of money a borrower will pay for each $1,000 of loan amount.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 14:30
The state in which the manufacturing company you work for is located regulates the presence of a particular substance in the environment to concentrations ≤ x. recently-released, reliable research endorsed by the responsible federal agency conclusively demonstrates that the substance poses no risks at concentrations up to 5x. your company has asked you to consider designing a new process with a waste discharge stream containing up to 2x of the substance. based on the stated conditions, describe this possible.
Answers: 2
question
Business, 22.06.2019 19:40
Last year ann arbor corp had $155,000 of assets, $305,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 37.5%. the new cfo believes a new computer program will enable it to reduce costs and thus raise net income to $33,000. assets, sales, and the debt ratio would not be affected. by how much would the cost reduction improve the roe? a. 11.51%b. 12.11%c. 12.75%d. 13.42%e. 14.09%
Answers: 3
question
Business, 22.06.2019 19:50
Which of the following would create the most money? the initial deposit is $6,500 and the required reserve ratio is 20 percent. the initial deposit is $3,000 and the required reserve ratio is 10 percent. the initial deposit is $7,500 and the required reserve ratio is 25 percent. the initial deposit is $4,500 and the required reserve ratio is 15 percent.
Answers: 1
question
Business, 22.06.2019 20:00
Which of the following is a competitive benefit experienced by the first mover firm in an industry? a. the first mover will be able to achieve a less steep learning curve. b. the first mover will be able to reduce the switching costs. c. the first mover will not have to patent its products or technology. d. the first mover will be able to reduce costs through economies of scale.
Answers: 3
You know the right answer?
Aman earns $20,000 per year and can qualify for a monthly piti (principal, interest, taxes, insuranc...
Questions
question
Biology, 04.03.2021 19:00
question
Mathematics, 04.03.2021 19:00
question
Biology, 04.03.2021 19:00
Questions on the website: 13722359