Timothy Carter has a net monthly income of $5,100. He has a monthly auto loan payment of $675, a student loan payment of $345, a mortgage payment of $1,660, and a credit card minimum payment of $110. What is his debt-payments-to-income ratio?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Timothy Carter has a net monthly income of $5,100. He has a monthly auto loan payment of $675, a student loan payment of $345, a mortgage ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
H&M does not own any of the factories that produce its clothes. Instead, it relies on some 1,900 factories and 900 suppliers to create what its team designed. These factories and suppliers are mostly in Europe and Asia.
Answers (1)
In a perfectly competitive market with 100 identical firms producing at market price p1 A. the supply curve is more elastic than if there were only 50 identical firms. B. the supply curve is flatter than if there were only 50 identical firms. C.
Answers (1)
On January 1, Payson Inc. had a retained earnings balance of $20,000. During the year, Payson reported net income of $30,000 and paid cash dividends of $17,000. Calculate the retained earnings balance at its December 31 year-end.
Answers (1)
How much money you could save monthly in a retirement account to become a millionaire by the time you reach 65 years old.
Answers (1)
Jessica verbally agrees to sell her house to kandis, and kandis makes a $10,000 down payment, moves in, and begins the installation of a pool in the backyard.
Answers (1)
New Questions in Business
Sally received $50,000 of compensation from her employer and she received $400 interest from a corporate bond. What is the amount of Sally's gross income from these items? A) $400 B) $50,000 C) $50,400
Answers (1)
What are corporate stocks? A) Corporate stocks are where the financial records of corporations are stored. B) Corporate stocks are the total accumulation of goods and services that a corporation has available for sale to consumers.
Answers (1)
Which of the following is true with regard to a market segment? A market segment consists of consumers who respond in a similar way to a given set of marketing efforts. Dividing the market into segments reduces composite demand.
Answers (1)
Wind Turbines and solar panels are examples of? Conversation technologies. Advanced technologies green technologies smart technologies
Answers (1)
Lorenzo is self employed with an s corporation. he is unmarried and had a net profit for the tax year. what are the tax ramifications of his health insurance premiums paid for the year?
Answers (1)