Eric has saved $18,300 toward a down payment on a house. He makes a salary of $59,750 a year. What is the maximum he could afford to borrow to buy a house? a) $90,500

b) $101,200

c) $119,500

d) $137,800

Question

Mathematics

Mike Levy

5 December, 10:03

Eric has saved $18,300 toward a down payment on a house. He makes a salary of $59,750 a year. What is the maximum he could afford to borrow to buy a house? a) $90,500

b) $101,200

c) $119,500

d) $137,800

+1

Answers (2)

Know the Answer?

Memphis Henson · Answer 1

D. 137,800 because 59750 + 18300 is 78050 then add one more year of work 59750 and you get 137800 and you cant get anymore or you will be working forever.

Kamari Myers · Answer 2

From the

well

assuming that he spends all his savings on the house and doesn't eat or spend on anything else and that he pays per year

experimient

down+other=total

18300 + (59750 times years) answer

if years=1 then

tota=78050 which is not listed

if years=2 then

total=137800

that is lats choice

answe is last choice (D)

(I actually don't know since question is not clear)

Eric has saved $18,300 toward a down payment on a house. He makes a salary of $59,750 a year. What is the maximum he could afford to borrow to buy a house? a) $90,500b) $101,200c) $119,500d) $137,800

Eric has saved $18,300 toward a down payment on a house. He makes a salary of $59,750 a year. What is the maximum he could afford to borrow to buy a house? a) $90,500

b) $101,200

c) $119,500

d) $137,800