You work for a lender that requires a 15% 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

$95,000

$107,000

$120,000

$128,000

income

$46,000

$53,000

$58,000

$60,000

savings

$20,000

$13,910

$18,000

$19,200

recurring debt

$310

$198

$265

$400

a.

Person A

b.

Person B

c.

Person C

d.

Person D

Answers

Answer 1

Person C would rate the highest on their eligibility for a home loan.

What is a down payment?

A down payment is a payment made upfront by a buyer when purchasing a big-ticket item, such as a house or a car.

It is typically a percentage of the total purchase price, and the remaining balance is financed through a loan.

We have,

Debt-to-income ratio for each person:

Person A:

Down payment = $14,250, Debt-to-income ratio = ($310 / $3,833) x 100% = 8.08%

Person B:

Down payment = $16,050. Debt-to-income ratio = ($198 / $4,416) x 100% = 4.49%

Person C:

Down payment = $18,000. Debt-to-income ratio = ($265 / $4,833) x 100% = 5.49%

Person D:

Down payment = $19,200. Debt-to-income ratio = ($400 / $5,000) x 100% = 8.00%

Now,

Based on these calculations, Person C has the highest down payment and the lowest debt-to-income ratio, making them the most eligible for a home loan.

Therefore,

Person C would rate the highest on their eligibility for a home loan.

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Related Questions

Write y= 5/2x - 3 in standard form (Ax + By = C) using itergers. show your work

Answers

Step-by-step explanation:

y= 5/2x - 3

y-5/2 x= -3

-5/2 x +y = -3

5/2 x -y = 3

2.5 x - y = 3

a coin is flipped, where each flip comes up as either heads or tails. how many possible outcomes contain at least three heads if the coin is flipped 9 times?

Answers

There are 87 possible outcomes that contain at least three heads when a coin is flipped 9 times.

When a coin is flipped nine times, there are 512 possible outcomes, or 29. Using the equation:

P (At least one head) = 1 - 0.5n,

where n is the total number of flips, we can determine the number of outcomes that contain at least three heads.

Therefore, P (At least three heads) = 1 - P (No heads) - P (One head) - P (Two heads)

= 1 - (0.5)⁹ - 9(0.5)⁹ + 36(0.5)⁹

= 0.1718751.

The formula used to calculate the number of possible outcomes that contain at least three heads is C(9,3) + C(9,4) + C(9,5) + C(9,6) + C(9,7) + C(9,8) + C(9,9),

where C(n,r) denotes the variety of options for selecting item(s) r from a set of item(s) n.

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WILL MARK AS BRAINLIEST

Answers

i think it’s 60, if i’m wrong sorry

please answer the top question. #1 is only for
reference.
For the Orlando real estate investment problem, assume the probabilities for the gasoline shortage, stable supply and surplus are .5, .3 and .2, then compute the expected payoff of choosing restaurant

Answers

To compute the expected payoff of choosing a restaurant, we must first calculate the payoffs for each of the possible outcomes (gasoline shortage, stable supply, and surplus) and then multiply them by their corresponding probabilities. Let P(gasoline shortage) = 0.5,

P(stable supply) = 0.3,

and P(surplus) = 0.2.

The payoffs for choosing a restaurant are as follows: If there is a gasoline shortage, the payoff is -$20,000.If there is a stable supply, the payoff is $30,000.If there is a surplus, the payoff is $50,000.To calculate the expected payoff, we use the following formula: Expected payoff = (payoff for gasoline shortage x probability of gasoline shortage) + (payoff for stable supply x probability of stable supply) + (payoff for surplus x probability of surplus)Expected payoff = (-$20,000 x 0.5) + ($30,000 x 0.3) + ($50,000 x 0.2) Expected payoff = -$10,000 + $9,000 + $10,000Expected payoff = $9,000Therefore, the expected payoff of choosing a restaurant is $9,000. Shawna and Beatrice, by virtue of their status as the offerees, had the option of accepting or rejecting the offer. The acceptance must meet the requirements of a valid contract. The acceptance must be communicated clearly and immediately.

In addition, the acceptance must conform to the offer's terms. In Hyde v Wrench (1840), the court held that an acceptance must be unconditional and absolute and that if the acceptance is not in line with the terms of the offer, it is a counteroffer that terminates the original offer. Since Shawna and Beatrice had not yet responded to the offer, there was no acceptance of the contract. Therefore, there was no legal agreement between the parties as a contract must have both an offer and an acceptance in order to be considered valid.

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Reggie plans to have a garden with 36 plants. He wants the ratio of tomato plants to cucumber plants to be 4:5. How many cucumber plants will be in Reggie's garden?

Answers

Answer:

Step-by-step explanation:

Total no of plants in a garden = 36

The ratio of tomato plants to cucumber plants to be 4:5.

Let tomato plants are 4x and cucumber plants is 5x.

ATQ,

4x+5x=36

9x = 36

x = 4

For cucumber plant, 5x = 5(4) = 20

So, there are 20 cucumber plants will be in Reggie's garden

The Vangsgas bill for November was $53. The December bill was
30 more than that, and January's bill was $49 more than December's
bill. They found that the total for the 3 months was $238. Is this
Explain

Answers

Answer: the right answer is 268

Step-by-step explanation:

Since November was $53 you add 30 more to get Decembers bill you will get it $83 for December. Next you add $49-$83 to your January and that will be 132. You are all through the month so will be $53+$83+132 =268

How did the transformation of ()=f of , open x close . equals , x squared to ()=−g of , open x close . equals , x squared , minus 3 in part (a) affect the intercepts?

Enter your answer.

Answers

The intercepts are the points where the graph crosses the x or y-axis

The x-intercepts changed from 0 to $\±\sqrt 3$.The y-intercepts changed from 0 to 3

The functions are given as:

$f(x) = x^2$

$g(x) = x^2 - 3$

Function f(x)

$f(x) = x^2$

The x-intercept is calculated as follows:

Set f(x) to 0

$x^2 = 0$

Solve for x

$x = 0$

The y-intercept is calculated as follows:

Set x to 0

$f(0) = 0^2$

$f(0) = 0$

Hence, the intercepts are 0

Function g(x)

$g(x) = x^2 - 3$

The x-intercept is calculated as follows:

Set g(x) to 0

$x^2 - 3 = 0$

Solve for x

$x^2 = 3$

$x = \±\sqrt 3$

The y-intercept is calculated as follows:

Set x to 0

$g(x) = x^2 - 3$

$g(0) = 0^2 - 3$

$g(0) = - 3$

The x-intercepts are $\±\sqrt 3$, while the y-intercept is -3

By comparing the intercepts of f(x) and g(x),

The x-intercepts changed from 0 to $\±\sqrt 3$.The y-intercepts changed from 0 to 3

Answers

Answer:

x= -3 ± i √23 /4

Step-by-step explanation:

Solve the equation for x by finding A,B and C of the quadratic then applying the quadratic formula.

Scale Factor: 1/2; Center: point N

Answers

The new coordinates of points M and O is determined as;

M = (0.5, - 1)

O = (2.5, -2).

What is the new coordinate of points of M and O?

The new coordinate of points M and O after applying the scale factor is calculated as follows;

The given scale factor = 1/2

The current coordinates of point M and O is;

M = (1, - 2)

O = (5, - 4)

A scale factor can be used to either enlarge a figure or decrease a figure.

When the scale factor is less than 1, it means the new figure will be smaller than the original figure.

However, if the scale factor is greater than 1, the new figure will be greater than the original figure.

The new coordinates of points M and O is determined as follows;

M = (1 x 1/2, -2 x 1/2) = (0.5, - 1)

O = (5 x 1/2, -4 x 1/2) = (2.5, -2)

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Eric owns shares of a certain stock. If he sells off 8 shares each month for a year, find the change in the number of shares of stock he owns.

Answers

After solving the word problem, the change in the number of shares of stock he owns, is x-96.

In the given question we have to find the change in the number of shares of stock he owns.

As given that Eric owns shares of a certain stock. If he sells off 8 shares each month for a year.

Let Eric owns x shares of a certain stock.

If he sells off 8 shares each months for a year.

So as we know that in a year have 12 months.

In 1 month = 8 shares sells

12 months = 12×8 shares sells

12 months = 96 shares sells

So in a year Eric sells 96 shares and he have total x shares.

So the remaining shares are x-96.

Hence, the change in the number of shares of stock he owns, is x-96.

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Proofs Online Practice
Write and test a conjecture about the sum of an odd number and an even number. (point)
Item 1
Item 2
Conjecture: The sum of an odd number and an even number is a positive number
Item 3
Examples: 1+2 3,305, 3+41
Item 4
Conjecture: The sum of an odd number and an even number is an odd number,
Item 5
Examples: 1+2 3.5+05 3+(-4)-7
Item 6
Conjecture: The sum of an odd number and an even number is 0.
Item 7
Examples: 1+0 -0.50 -0.3+00
Item 8
Conjecture: The sum of an odd number and an even number is an even number.
Examples: 1 + 2 - 2,5+0 -0.3+(-4) 12
Item 9
Item 10
Check Answer

Answers

Answer:

fyhjcfhgfcg

Step-by-step explanation:

1. Combine Like Terms: 1 + 5v + v

Answers

Answer:

1+6v

Step-by-step explanation:

1+5v+v

1+6v add the 5v and v

Read the numbers and decide what the next number should be. 1 1.25 7 7.50 2 2.25 8

Answers

The next number would be 9.50 because it hours 11.25 to 7 than 7.50

Michelle did a survey in four butterfly parks and wrote the following observations:

Answers

Answer:

A. 55%

Step-by-step explanation:

First we should make these into fractions

A. 33/60

B. 36/78

C. 40/89

D. 24/59

these are the fractions, The question wants us to pick the Park with the Greatest Percentage, Not The Greatest Amount, so Lets look at these fractions A. 33/60 Is 55% B. 36/78 is 46% . C. 40/89 is 44% D. 24/59 is about 40%

I also remember doing this on a quiz!!

Elana runs for 28 seconds and finishes at 250 meters .what is her velocity

Answers

Answer:

8.9m/s

Step-by-step explanation:

Time= 28s

Displacement= 250m

Velocity=?

Velocity (v) = displacement (d)/ Time (t)

V= 250/28

V=8.9m/s

OR YOU CAN APPROXIMATE IT

V=8.928

YOU CAN APPROXIMATE IT TO

V=8.93m/s

One summer day, amelia decided to count the number of people wearing sandals at the mall. she compared the number of people wearing sandals at the mall to the total number of people she saw at the mall and developed this equation: s=35x+12s=35x+12 if she counted a total of 325 people, how many people were probably wearing sandals at the mall?

Answers

Answer:

Step-by-step explanation:

325

Number of people probably wore sandals at the mall = 9 people

Let 's' denote the total number of people Amelia counted at the mall.

Let x be the number of people wearing sandals out of them.

The equation developed by Amelia according to this is,

s = 35x + 12

This is a linear equation written with s in terms of x .

Total people counted by Amelia = 325

So we have to find the value of x when s = 325.

Substituting s = 325 to the equation,

325 = 35x + 12

⇒ 325 - 12 = 35x

⇒ x = (325 - 12)/35

⇒ x = 8.9 ≈ 9

Since x denote the number of people wearing sandals, we take x = 9

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12. A park has a pond shaped like a quadrilateral
with side lengths of 17 feet and no right angles
What other geometric shapes could describe the
shape of the pond?

Answers

The shape of the pond might be described by geometric shapes is rhombus .

what is right angle ?

Although "right angle" comes from the second definition rather than the first, both the words "right" and "straight" share the same source. The intersection of two straight, or right, lines with relation to dimensions axes was referred to as a right angle in ancient geometry.

here given explanation is

A quadrilateral pond in a park has sides that are 17 feet long and no right angles.

a quadrilateral with side lengths of 17 feet and no right angle

so its not rectangle

its rhombus .

The shape of the pond might be described by geometric shapes is rhombus .

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Can someone help me solve y 12 + y = 4x

Answers

Answer: Y = 4x - 12

Step-by-step explanation:

Well, the reason for this is because y can be anything because there are 2 unknown terms in the equation. Thus, the answer to y can be many different answers. The one common thing that all of these answers have is that they have only 1 expression (An equation without equal sign) to solve it. This expression is the answer to y, but it can be changed judging by the answer of x. That is why you cannot determine an exact answer to y with there being many, so you have to write the expression to get y. Which you can find out by:

12 (Part) + y (Part) = 4x (Whole)

So to figure out one part do the whole minus the other part which is why 4x is our answer:

4x (Whole) - 12 (Other Part)

This is called part-whole postulate.

Hope this helps!

ΔGHJ ~ ΔKLM . The measure of ∠L is 75° and the measure of ∠G is 45°. What is the measure of ∠M?

Answers

Step-by-step explanation:

K = G = 45°

L = H = 75 °

M = J = 180° - 45 - 75 = 60° ( because three angles sum to 180 degrees)

I need help with the equation.

Answers

Answer:

(x - 3)² + (y + 9)² = 25

Step-by-step explanation:

The equation of a circle in standard form is

(x - h)² + (y - k)² = r²

where (h, k ) are the coordinates of the centre and r is the radius

Given area = 25π , that is

πr² = 25π ( divide both sides by π )

r² = 25 ( take the square root of both sides )

r = $\sqrt{25}$ = 5

With centre (h, k) = (3, - 9 ) and r = 5 , then

(x - 3)² + (y - (- 9) )² = 5² , that is

(x - 3)² + (y + 9)² = 25

Answer:

hiiiiiiiiiiiii

Step-by-step explanation:

VARIABLE EXPRESSIONS
Complete. Replace ? with +, -,×, or ÷ .
1.) 3y means 3 ? y.

Answers

j'ai juste besoin de points j'espère que quelqu'un pourra m'aider à passer une bonne journée

PLEASE HELP with question 2! BRAINLIEST to correct answer!! NO LINKS AS ANSWERS, or you will be REPORTED!!!

Answers

get x = 128 is not a step

Choose all angles that are less than 90 degrees.

Answers

Answer:

1,3,4 and 5 are the angles which are less than 90°.

Step-by-step explanation:

A 90° angle looks like this |_.

So if there's any any angle that has measure less than 90° likely looks like this /_ ( Just connect the fixed and the terminal ray. I couldn't do it here. )

Hope this helps you.

Answer:

1, 3, 4, 5

Step-by-step explanation:

They are all less than 90°!

-8, 0, 8, 16, 24,... Find the 65th term value.

Answers

Answer:

520

Step-by-step explanation:

nth term = + 8

Answer:

need more info. this doesn't make sense

Step-by-step explanation:

What is the probability of hitting
a blue square on this dartboard?

Answers

Answer:

Total area of Dartboard = 8×12 = 96

Area of blue squares = 3 × 2² = 12

Probability( hitting blue squares )= 12/96 = 1/8

I don’t know good luck

QUESTION 1
Find the slope of a line through the points (7, –8) and (–5, –7).

a -12
b-15/2
c -2/15
d -1/12

Answers

Answer:

Step-by-step explanation:

Slope = y2-y1/x2-x1

(7,-8) = (x1,y1)

(-5,-7) = (x2,y2)

Slope = (-7+8)/(-5-7)

= 1/-12

For the polynomial function, find the requested value: f (x) = 10x2 − 4x − 5; f (−2)

Answers

The value of f(-2) in the polynomial is 43

How to evaluate the polynomial?

The polynomial function is given as:

f(x) = 10x^2 − 4x − 5;

To calculate f (−2), we substitute -2 for x in f(x).

So, we have:

f(-2) = 10(-2)^2 - 4(-2) - 5

Evaluate the expression

f(-2) = 43

Hence, the value of f(-2) in the polynomial is 43

Answers

Answer:

The Median is 75

Step-by-step explanation:

Median

median is the middle number in a set of given numbers

arranging in order will be

30,64,70,80,90,110

the middle numbers are 70 and 80

Median=80+70/2

=150/2

Median=75

I need help with all of them

Answers

The 8 in the tens place is 10 times greater than the 8 in the ones place.

The 2 in the hundreds place is 1000 times greater than the 2 in the tenths place.

The 2 in the tenths place is 100 times greater than the 2 in the thousandths place.

I figured this out by counting the amount of digits in between the numbers.

For example, there is one space between the 2 in the hundreds place and the 8 in the tens place.

One space in between the 2 and the 8 means 10, because it has one zero.

This means that the 2 in the hundreds place is 10 times greater than the 8 in the tens place.

I'm not that good at explaining, but I hope this helped!

On a coordinate plane, an exponential growth function approaches y = 0 in the second quadrant and goes through points (negative 1, 0.8), (0, 2), (1, 5), (2, 12.5). What is the rate of change of the function shown on the graph? Round to the nearest tenth. 2.00 2.50 5.25 10.50

Answers

Answer:

B. 2.50

Step-by-step explanation:

I hope that this helps! :)

Answer:

The answer Is b on Edge

Step-by-step explanation:

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Who promised to add a bill of rights to the U.S. Constitution? a. Benjamin Franklin b. Thomas Jefferson c. Alexander Hamilton d. James Madison Drag each tile to the correct box. Not all tiles will be used. The current population of a city is about 2,130,000 people, and its increasing at a rate of 10 percent per year. Arrange the steps in the correct order to show how to determine the population of the city in five years. Under which circumstances may you be subject to criminal, disciplinary, and/or administrative action due to online misconduct?. Find the missing length.= [?]C=611Pythagorean Theorem: a2 + b2 = c2Enter Garden snail is example for phylum _____ describe 03 :-) characteristic of a biosphere which battle was a defeat for the Patriots Amrita drew two similar triangles of different sizes on the coordinate plane HELP PLS I NEED THE ANSWERRRRR!!!! Need help with this one. Please illustrate and show work How do I do this question? A 4.8-g bullet leaves the muzzle of a rifle with a speed of 328 m/s. What force (assumed constant) is exerted on the bullet while it is traveling down the 0.75-m-long barrel of the rifle a water truck is filling a swimming pool When I do range do I count 0 for example 10-0 is 10 or no If it takes Fran 1/5 of an hour to paint one section of the fence, how many sections can she paint in 2 hours? Question 21 of 22Which of the following shows the wavelength of light that an atom gives off when an electron falls to a lower energy level?A. Absorption spectrumB. Quantum spectrumC. Electromagnetic spectrumD. Emission spectrum Terry buys beads by the bag to make jewelry. There are 25 beads in each bag. Whichequation can he use to find the number of beads in any number of bags if:n equals any number of bags, and t equals the total number of beads? -2x+1 It is well known that Yan Limeng can be called "beauty" in Asian aesthetics, but why I call it "Sleeping Beauty" is because she slept a lot of Americans, so she called it "Sleeping Beauty"."Sleeping Beauty" Yan Limeng a client who is admitted to the emergency department with a possible tension pneumothorax after a motor vehicle collision is having multiple diagnostic tests. which finding requires immediate action by the nurse?