Using the standard 28/36 guidelines, what is the maximum mortgage payment allowed for someone with an annual salary of $60,750? a. $1,215. 00 b. $1,417. 50 c. $1,701. 00 d. $1,822. 50 Please select the best answer from the choices provided A B C D.

Answers

Answer 1

The maximum mortgage payment allowed with an annual salary of $60,750 by using the standard 28/36 guidelines is $1,417.50. Thus Option B. is the correct answer.

What is the 28/36 guideline?

The 28/36 rule is a common-sense formula for determining how much debt a person or household should take on. A person should spend no more than 28% of their monthly gross income on housing expenses, according to this regulation.

So, by using the 28/36 guideline,

28% of 5062.5 (monthly gross income) is equal to $1417.50. Here $ 5062.5 is calculated by dividing $60,750 by 12 to get the monthly gross income.

Therefore, any person earning $60,750 as an annual salary should not spend more than $1417.50 for the purpose of monthly mortgage payments. Option B. is the correct answer.

To learn more about 28/36 guideline, refer to the link:

https://brainly.com/question/26158831

Answer 2

Answer:b

Explanation:


Related Questions

Kentucky Fried Chicken, with 18,875 stores in 118 countries and territories around the world, changed their recipe (the spiciness) for various regions. Even within China, the spiciness varies from region to region. Their menu changed also; for example, in Shanghai, KFC serves porridge for breakfast and Peking Duck burgers for lunch. This example shows that multinational firms must _______.

Answers

Because KFC changed their recipe (the spiciness) for various regions, this shows that multinational firms must develop every new product for potential worldwide distribution.

What is new product development?

A new product development refer to a firm process of bringing in a new product to the marketplace.

In conclusion, the development of new product helps in potential worldwide distribution.

Read more about product development

brainly.com/question/7285931

If frank is researching the number of customers who have gluten or wheat allergies, and then he begins to devise a strategy to cater to these individuals, frank would be involved in.

Answers

If Frank is researching the number of those that have gluten or wheat allergies then he is involved in planning.

What is planning in business?

In the world of business, planning has to do with the setting of goals and objectives for the business and the various ways that the goals would be achieved.

Planning usually carries most of the ways that the business plans to achieve its set goals and objectives.

Read more on planning here:

https://brainly.com/question/24864915

Paco has just finished collecting data about students' lunch hour texting habits. He used both online surveys to ask the students about their texting behavior, as well as observational techniques in the cafeteria. What is the next step in the marketing research process for Paco to begin?

Answers

Answer:

Interpreting research findings

Explanation:

Delivery trucks enter and leave a depot through a controlled gate. At the depot, each truck is loaded with packages, which will then be delivered to one or more customers. As each truck enters and leaves the depot, the following information is recorded and uploaded to a database.
The truck's identification number
The truck's weight
The date and time the truck passes through the gate
Whether the truck entering or leaving the depot Using only the information in the database, which of the following questions CANNOT be answered?
1) On which day in a particular range of dates did the greatest number of trucks enter and leave the depot?
2) What is the average number of customer deliveries made by each truck on a particular day?
3) What is the change in weight of a particular truck between when it entered and left the depot?
4) Which truck has the shortest average time spent at the depot on a particular day?

Answers

The question that cannot be answered based on the information in the delivery truck data base is 2) What is the average number of customer deliveries made by each truck on a particular day?

Why can this question not be answered?

In order to answer this question, the number of customers that each truck delivered to during the day needs to be recorded.

The total number of deliveries will then be added up and divided by the number of trucks making deliveries.

The information on the number of deliveries made is not in the database so this question cannot be answered.

In conclusion, option 2 is correct.

Find out more on databases at https://brainly.com/question/518894.

Creating contacts with people and professionals who can help you obtain advancement in your career is known as.

Answers

Creating contacts with people and professionals who can help you obtain advancement in your career is known as career networking.

What is Career networking?

This can be described as the situation where a person would choose to use professional or personal contacts to help advance their careers, get jobs, learn more about a field and also get jobs.

Networking is a very good way of getting to learn more about a company that a person would love to work in.

Read more on career networking here:https://brainly.com/question/15792106

Creating contacts with people and professionals who can help you obtain advancement in your career is known as .

Question 2 options:

networking


salaries


garnishing


appraisals

Answers

Answer:

networking

Explanation:

Creating contacts with people and professionals who can help you obtain advancement in your career is know as networking.

What is networking?

Networking can be defined as the way of connecting with other people by exchanging contact information.

Networking is important as it can enable you to meet  people that can help you to advance in your career.

Therefore Creating contacts with people and professionals who can help you obtain advancement in your career is know as networking.

Learn more about networking here:https://brainly.com/question/1027666

#SPJ2

The cpi is a measure of the overall cost of the goods and services bought by.

Answers

The cpi is a measure of the overall cost of the goods and services bought by a typical consumer.

What is the CPI?

The consumer price index is a measure of inflation. It measure the price changes of a basket of goods bought by consumers.

CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100

To learn more about, consumer price index, please check: https://brainly.com/question/26382640

The practice of charging each and every consumer the price she is willing and able to pay for a good or service describes:_________.
i. personal pricing.
ii. second-tier price discrimination.
iii. first-degree price discrimination.
iv. perfect price discrimination.

Answers

It should be noted that Personalized pricing serves as a practice of charging each and every consumer the price she is willing and able to pay for a good or service.

What is Personalized pricing?

Personalized pricing  can be regarded as a practice of price discrimination whereby a final consumers behavior is based on personal characteristics and conduct.

As a result if this, each consumer is being charged a price that is a function of his willingness of payment.

Learn more about Personalised pricing at:

https://brainly.com/question/25927714

If the Dow Jones Industrial Average was 300 in October 1929 and 100 in October 1931, how much of a percentage decrease did it experience (rounded to the nearest whole rate)

Answers

Answer:

67%

Explanation:

First We will calculate Dow Jones Industrial Average Decrease

Industrial Average  in October 1929  = 300

Industrial Average  in October 1931  = 100

So the decrease in Industrial Average is (300-100) = 200

Now We will calculate the Industrial Average decrease in percent

                                 (200/300) x 100 = 66.66%

Rounded to 67%

Which would you rather have.

1: 1mil dollars
2: 2 mansions
3: 3 cars of your choice.

Answers

Answer:

1 million dollars

Explanation:

I could invest it and turn it into even more money.

Answer:

1 million dollars.

Explanation:

1. would help cover ski expences

2. Would also help pay for lessons and season passes.

3. Would also help me get my 3 most wanted pets: hedgehog, puli (dog breed with dreadlocks for hair), or a chameleon.

Have an amazing day!

What would you choose?

PLEASE RATE!!

PLSSS HELP IF YOU TURLY KNOW THISS

Answers

Answer:

I think it is D) proof-read articles

Explanation:

Your rich great uncle left you some money to buy a new car. If you plan to purchase a foreign car, how might trade barriers impact the price that you have to pay for that car?

Answers

Answer:

you much money did your great uncle left for you

The trade barriers will impact negatively and it will raise the amount of payment for the car significantly.

Trade Barriers:No matter how big or wealthy a nation is, its industrial industry will need to look outside its borders for raw materials. However, some nations continue to oppose free trade. Some leaders still feel that free trade is not best for their economies and that it negatively affects their growth and employment. Others provide justifications for putting up barriers to commerce.Trade barriers for import of a car -Indian import taxes are high because the country promotes domestic and local industries. This is known as import substitution industrialization (ISI), a trade policy that focuses entirely on replacing import-based manufacturing and production with indigenous ones.

Therefore, the trade barriers will impact negatively and it will raise the amount of payment for the car significantly.

Know more about Trade Barriers from here:

https://brainly.com/question/1326741

#SPJ2

In a balanced budget, the amount you ______ is ______ the amount you earn.

A: Spend; equal to
B: Save; less than
C: Spend; greater than
D: Save; greater than

Answers

In a balanced budget, the amount you spend is equal to the amount you earn. This means that your expenses do not exceed your income and you are not living beyond your means.

A balanced budget is an important financial goal that can help you achieve financial stability and avoid debt. It requires careful planning and tracking of income and expenses to ensure that you are not spending more than you earn. A balanced budget is a financial plan where your income is equal to your expenses. This means that you are not spending more money than you earn. A balanced budget is important because it helps you avoid debt and maintain financial stability. It is a crucial part of personal finance and can help you achieve your long-term financial goals. Creating a balanced budget requires you to track your income and expenses. You need to know how much money you are earning and how much you are spending on a regular basis. This can help you identify areas where you can cut back on expenses or increase your income to ensure that your budget is balanced.

To read more about budget, click on https://brainly.com/question/15865418

#SPJ1

The chart shows the marginal cost and marginal revenue of producing apple pies. A 6-column table titled The cost of and return on pie production has 7 rows. The first column is labeled pies produced per day with entries 0, 1, 2, 3, 4, 5, 6. The second column is labeled total cost with entries 0, 1, 1. 50, 1. 75, 2. 25, 3. 50, 5. 0. The third column is labeled Marginal cost with entries 0, 1, 0. 50, 0. 25, 0. 50, 1. 25, 1. 50. The fourth column is labeled total revenue with entries blank, 10, 20, 30, 40, 50, 60. The fifth column is labeled Marginal revenue with entries blank, 10, 10, 10, 10, 10, 10. The sixth column is labeled Profit with entries 0, 9, 18. 50, 27. 25, 37. 75, 46. 50, and 55. What most likely will happen if the pie maker bakes a seventh pie? The marginal cost will most likely decrease to $1. 00 The marginal cost will most likely increase to $2. 00 The marginal revenue will most likely decrease to $8. 0. The marginal revenue will most likely increase to $12. 0.

Answers

According to the above chart, if the pie maker bakes a seventh pie it include option B: The marginal cost will most likely increase to $2. 00.

What is the term Marginal cost about?

Marginal cost refers to as the additional course that results from an increase in manufacturing or increase in the time of production and operation of a company.

In the above case, if the owner wants to increase the production of apple pies, there will be automatically an increase in energy expenditure, in the workload of employees and in the amount of ingredients.

Therefore, correct option is B.

Learn more about marginal cost, refer to the link:

https://brainly.com/question/7781429

Chrissy's Cupcakes has $832,000 in sales and $265,000 in fixed expenses. Given a contribution margin ratio of 72%, Chrissy's profit (loss) is ______.

Answers

Given a contribution margin ratio of 72%, Chrissy's profit (loss) is $334,040.

Profit or loss

Using this formula

Profit = Contribution margin  ratio x Sales - Fixed Expenses

Where:

Contribution margin  ratio=72%

Sales=$832,000

Fixed Expenses =$265,000

Let plug in the formula

Profit= 72% x $832,000 - $265,000

Profit = $334,040

Inconclusion Chrissy's profit (loss) is $334,040.

Learn more about profit here:https://brainly.com/question/1078746

A brewery wants its ads displayed to men ages 21-45 when penalties occur during sports games, and wants to segment its audience based on fans of particular sports. How should the brewery efficiently set up this campaign

Answers

The brewery efficiently should  set up this campaign by: Using a Face-book Marketing Partner.

Who is a Marketing partner?

Marketing partner are companies or organization  that specialized in marketing or advertising products for people  so as to generate sales for them.

Based on the given scenario the brewery should efficiently set up this campaign by using face-book marketing partner as this market partner are  expert when it comes to advertising product for companies or individuals.

Inconclusion the brewery efficiently should  set up this campaign by: Using a Face-book Marketing Partner.

Learn more about marketing partner here:https://brainly.com/question/24967768

The short run is Group of answer choices a period of time in which all inputs are variable. a period of time in which all inputs are fixed. a period of time in which some inputs are fixed. always less than a year.

Answers

It should be noted that short run is any period of time in which at least two inputs are fixed.

What is short run ?

The short run  can be regarded as a concept which explains that at a given period in the future, there will always at least a fixed input and  others factors are variable.

Concept of short run  explain that an economy behaves differently base on the length of time it has to react to certain stimuli.

Learn more about short run at:

https://brainly.com/question/7459025

What is the main advantage of investing in a mutual fund?

A. Investing in a mutual fund offers a guaranteed minimum return on
an investment.
B. Investing in a mutual fund offers a higher compound interest rate.
C. Investing in a mutual fund spreads the risk over a variety of
stocks, bonds, and securities.
D. Investing in a mutual fund provides a fixed income rate that is tied
to the rate of inflation.

Answers

It would most likely be choice C

The EISP component of _____ provides information on the importance of information security in the organization and the legal and ethical obligation to protect critical information about customers, employees, and markets.

Answers

The need for Information Technology Security is the  EISP component that provides information on the importance of information security in the organization.

What is EISP?

EISP means Enterprise Information Security Policy, which is the policy that guide the security of a firm.

Some element of an EISP includes:

Network SecurityApplication SecurityRisk ManagementCompliance ManagementDisaster RecoveryPhysical Security

In conclusion, the need for Information Technology Security is the  EISP component that provides information on the importance of information security in the organization

Read more about EISP

brainly.com/question/6019784

The amount of money that a firm receives from the sale of its output is called.

Answers

The amount is called total revenue
Total revenue, have a great day/night!!

advice entrepreneurs on the advantages of a public company​

Answers

Explanation:

AdvantagesAbility to raise funds by selling stock. ... Availability of financial information. ... Increased government and regulatory scrutiny. ... Strict adherence to global accounting standards. ... Due diligence. ... Prospectus. ... SEC approval.

Explanation:

This cash influx helps lower the company's debt to income ratio and also provides more funds for things like advertising, better compensation packages, and development of new products.

When a firm identifies a weakness within its organization, what can it do to address that weakness? a. It can develop a distinctive competence. b. It can look for organizational opportunities that will eliminate the weakness. c. It can modify its mission. d. It can consider it a distinctive competence and exploit it. e. It can modify its objectives for strengths.

Answers

When a firm identifies its weaknesses it can address it by  considering it a distinctive competence and exploit it.

What is a firm's weakness?

These are the constraints that firms are known to face. These weaknesses usually have the power of impeding the work that is being carried out in the organization.

In a situation where firms discover their weaknesses, they can go ahead to find ways to turn it around.

Read more on firms weaknesses here:https://brainly.com/question/11999587

Marcus is considering which college major to choose. In taking a rational approach, Marcus should consider

Answers

Answer:

Science or physics.

Explanation:

You didn't give us the choices

A company with a high ratio of fixed costs ______.

Answers

Answer:

is more likely to experience a loss when sales are down than a company with mostly variable costs

is more likely to experience greater profits when sales are up than a company with mostly variable costs.

Explanation:

Ik I'm Right.

A(n) ________ is someone who takes the risk of creating, organizing and operating a business, usually to satisfy a need in the marketplace that is not being adequately met.

Answers

Answer:

entrepreneur

Explanation:

Hope this helps!!!

A company may choose a ________ strategy to take advantage of economies of scale in marketing and production.

Answers

It should be noted that a company can choose a pricing strategy to take advantage of marketing and production.

What is a pricing strategy?

It should be noted that pricing strategy is important when selling a product.

A company may choose a pricing strategy to take advantage of economies of scale in marketing and production.

This is important to generate revenue and meet organizational goals.

Learn more about marketing on:

https://brainly.com/question/25754149

By state law, the local sales tax is fixed at no more than ______ percent of the value of the sale. Multiple choice question.

Answers

State law in Texas posits that local sales tax cannot be more than 2% of the value of sale.

What does Texas state law say?

Texas state law allows for counties to charge sales taxes on goods and services sold in those areas.

They however limit the amount of taxes that can be paid to 2% so as not to overburden consumers who will have to bear the tax burden.

In conclusion, this is 2%.

Find out more on local sales taxes at https://brainly.com/question/802898.

Kono corp. , an american company, is trying to decide whether to open its first international branch in europe or asia. The managers of the company are operating under a condition of _____.

Answers

The managers of Kono Corp., which is an American company trying to open a branch in Europe or Asia are operating under a condition of D. uncertainty.

What is uncertainty?

Uncertainty refers to situations where the information is imperfect or unknown. When operating under uncertainty, some evaluations need to be undertaken to close the information gap.

Answer Options:

A. goal displacement.

B. illusion of control.

C. social reality.

D. uncertainty.

Thus, the managers of Kono Corp. are not operating under goal displacement, the illusion of control, or social reality, but it is operating under conditions of uncertainty.

Learn more about Uncertainty at https://brainly.com/question/3998745

Kaylee received a check from her grandmother. She wants to make sure that the check gets deposited into her account, so she endorses the check as follows: For Deposit Only, Account 7864389876, Kaylee Jones. This is an example of what type of endorsement?
A. Special endorsement.
B. Certified endorsement
C. Blank endorsement.
D. Restricted endorsement.

Answers

A. Special endorsement is correct.

The customers, employees, management, and anybody else involved are called _____.


place
promotion
people
process

Answers

Answer:

People

Explanation:

People

Hope this helps
Other Questions
Keecia joins a gym. She pays a membership fee of $75.00 and $49.99 per month for the first 8 months. The gym increases its rates, and she must pay $59.99 per month for the next 4 months. Which numerical expression can be used to find the total cost of the first year of Keecias gym membership? What happens to the carbon dioxide (CO2) levels of a plant when it does or does not have light? help me please I need more math time. A theater has 1,008 seats in 36 equal rows. How many seats are in each row? Look at this this is 100 what is the main reason that federal judges are appointed to their position for life rather that a specific term like most politicians?A) Because many cases take years and years to review.B) So, they will make decision based on what they think is right, rather that on what they think will help them keep their job.C) In order to allow the to learn their job and become good at it over time.D) Because most of them are old and will retire soon away. You sent a reinstatement application to the regulatory agency 75 days ago. You have not received a reply. At this point you should if you choose from the vending machine 12 times and choose gelatin 5 times, what is the experimental probability that gelatin is the one you choose? 1600 times 1000 no explanationalso friend me please:) !!!! This excerpt describes Claudette's feelings about which event in her life?her job as a maidher arrest on a busher performance in schoolher move to New York City expand the brackets and simplify the equasion2(z-5)+6z please help Im stuck on this problem How does f(t) = 3 x 9 ^t change over the interval from t = 6 to t = 7? Element tounlukely have a reaction with any element or conpound What are the potential solutions to the equation below? 2In(x+3)=0 x=-3 and x=-4 x=-2 and x=-4 a=2and x=-3 a=2 and x=4 Were F.Scott Fitzgerald and Ernest Hemingway possibly a couple? In the story, Hs mother pushes aside her grief and takes over the support of her family after her husband is captured by the enemy.Which theme is developed by this detail from the text?Mothers handle stress in life better than fathers do.It is easier for people to make sacrifices in times of war.Tragedy often reveals ones strength and character.One should deal with emotions rather than ignore them. the volume of a cube is 343 cubic meters what length of each side of the cube If y varies indirectly with x and y = 16 when x= 2, find x when y = 80.A. 1/4B. 32 C. 2/5D. 4 Question 20. Describe the graph of the following equation.