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 (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “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 ...” in 📘 Mathematics 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
Travis is building a retangular table that is 5 blocks wide and 7blocks long. how many bloxks does he need ro build the table. we came up with 35
Answers (2)
2. Correlation basics Which of the following statements about correlation are true? Check all that apply. If the correlation between two variables is - 1, it indicates a perfect negative linear relationship between the two variables.
Answers (1)
The expression P (4, 3) is equal to:
Answers (1)
A human baby weighs 6.7 pounds. It weighs 2.8 pounds more than a baby chimpanzee. Write and solve an equation to find the weight of the baby chimpanzee.
Answers (1)
The length of a rectangle is six times the width. if the perimeter of the rectangle is 112 in, find it's area. ? in^2
Answers (1)
New Questions in Mathematics
A bag contains rubber bands with lengths that are normally distributed with a mean of 6cm of length, and a standard deviation of 1.5cm. What percentage of the rubber bands can be expected to be shorter than 3cm?
Answers (1)
You get dressed in the morning without looking at the colours of the clothes you choose. Your shirts are white or blue, your pants are black, red, or yellow, and your shoes are brown or black.
Answers (1)
Melissa had 7 pages of homework! She only completed 5 before her soccer practice. Choose the division problem that shows what fraction of pages she finished before practice.
Answers (1)
Declan has n baseball cards sam has 4 times as many baseball cards as declan amaya has 7 fewer baseball cards than sam which expression represents the number of baseball cards that amaya has
Answers (1)
What does it mean for a number to be irrational?
Answers (2)