(6 points)
Neal and his wife, Jennifer, both work and have a combined gross income of $1...
Mathematics, 06.04.2020 06:41 manillasoccer
(6 points)
Neal and his wife, Jennifer, both work and have a combined gross income of $120000 per year. They estimate the property taxes on their condo will be $1500 and insurance would be about $1760 per year. Neal takes the bus to work, but Jennifer has a car payment of $240 per month, and they are both still paying off student loans for a combined total of $270 per month. Use this information to answer the questions below.
Express your answers rounded correctly to the nearest cent!
(i) Determine how much of a monthly mortgage Neal and Jennifer can afford. (Use the Total Expense Ratio from your class materials.)
Payment = $
(ii) If the couple can get a 30-year mortgage with a fixed rate of 4%, use Excel's PV function to determine how much house they could afford
Amount to Borrow = $
Answers: 3
Mathematics, 21.06.2019 13:30
The graph of which of the following will be parallel to the graph of 4x โ 3y = โ12? a.y= 4/3x -3/2 b.6x-4y=-8 c. y=3/4x+1 d.4x- 2y=-12
Answers: 2
Mathematics, 21.06.2019 17:00
Jose bought 20 shares of netflix at the close price of $117.98. in a few years, jose sells all of his shares at $128.34. how much money did jose make? a.) $192.50 b.) $207.20 c.) $212.50 d.) $224.60
Answers: 1
Mathematics, 21.06.2019 21:50
Prism m and pyramid n have the same base area and the same height. cylinder p and prism q have the same height and the same base perimeter. cone z has the same base area as cylinder y, but its height is three times the height of cylinder y. the figures and have the same volume.
Answers: 3
Mathematics, 21.06.2019 22:00
If the altitude is drawn to the hypotenuse of a right triangle, then the two triangles formed are similar to the original triangle and to each other. which set of triangles shows the similar triangles created by the altitude in the diagram?
Answers: 3
History, 23.02.2021 21:40
English, 23.02.2021 21:40
Mathematics, 23.02.2021 21:40
Chemistry, 23.02.2021 21:40
Mathematics, 23.02.2021 21:40
Mathematics, 23.02.2021 21:40
Physics, 23.02.2021 21:40
Mathematics, 23.02.2021 21:40
Social Studies, 23.02.2021 21:40
Mathematics, 23.02.2021 21:40