subject
Business, 03.12.2020 05:10 PinkyUSA18

Marsha and Michael have a combined monthly net income of $3500. Their fixed monthly expenses consist of $675 for rent. They also have an outstanding loan balance of $6000 and a
balance of $1,000 for the surround sound system they bought last month. How much debt can
they take on and still be within a safe debt load for the year?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 03:30
When the federal reserve buys and sells bonds to member banks, it is called a. monetary policy b. reserve ratio c. interest rate adjustment d. open market operations
Answers: 2
question
Business, 22.06.2019 04:00
Which law would encourage more people to become homeowners but not encourage risky loans that could end in foreclosure? options: offering first time homebuyers tax-free accounts to save for down payments requiring all mortgages to be more affordable, interest-only loans outlawing home inspections and appraisals by mortgage companies limiting rent increases to less than 2% a year
Answers: 2
question
Business, 22.06.2019 19:30
Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?
Answers: 3
question
Business, 22.06.2019 22:20
Which of the following events could increase the demand for labor? a. an increase in the marginal productivity of workers b. a decrease in the amount of capital available for workers to use c. a decrease in the wage paid to workers d. a decrease in output price
Answers: 1
You know the right answer?
Marsha and Michael have a combined monthly net income of $3500. Their fixed monthly expenses consis...
Questions
question
Mathematics, 07.07.2019 18:30
Questions on the website: 13722363