Using the following incomes and expenses information, calculate the total debt-to-income ratio: Employment wages: $115,000 Interest earned: $950 Dividends earned: $1,200 Mortgage payments: $38,600 Auto loan payments: $3,300 Student loan payments: $9,000 Taxes: $31,050 Utilities: $3,600 Personal savings: $12,000 Gas: $3,500 Groceries: $7,200 Entertainment: $6,000 Charitable donations: $500 Clothing: $1,500 Travel: $1,000

Answers

Answer 1
To calculate the total debt-to-income ratio, we need to know the total income and the total debt.

Income:

Employment wages: $115,000
Interest earned: $950
Dividends earned: $1,200
Total Income = 115,000 + 950 + 1,200 = $117,150

Debt:

Mortgage payments: $38,600
Auto loan payments: $3,300
Student loan payments: $9,000
Total Debt = 38,600 + 3,300 + 9,000 = $51,900
Then we divide the total debt by total income and multiply the result by 100 to express the ratio as a percentage.

Debt-to-Income Ratio = (Total Debt / Total Income) x 100

Debt-to-Income Ratio = (51,900 / 117,150) x 100 = 44.63 %

So, the total debt-to-income ratio is 44.63%. This is a ratio, traditionally, lenders will consider anything above 36% to be too high, and that a borrower may be considered risky. Although, each lender has their own criteria and might also evaluate on case by case.

Related Questions

Two numbers are such that twice the greater number exceeds thrice the smaller one by 15 and 1/5 of the smaller and 1/9 of the greater number are together 10. Find the numbers.​

Answers

Answer: The two numbers are $x = 5$ and $y = 7.5$.

Step-by-step explanation:

Let the two numbers be $x$ and $y$, where $x < y$. We can write the two given statements as the following two equations:

$$2y = 3x + 15$$

$$\frac{1}{5}x + \frac{1}{9}y = 10$$

We can solve this system of equations using elimination. Multiplying the first equation by 5 and the second equation by 9, we get

$$10y = 15x + 75$$

$$9x + y = 90$$

Subtracting these equations, we get

$$8y - 9x = 15$$

Multiplying this equation by 8, we get

$$64y - 72x = 120$$

Adding this equation to 5 times the first equation, we get

$$69y - 72x = 120 + 75$$

$$69y - 72x = 195$$

Dividing both sides by 3, we get

$$23y - 24x = 65$$

Subtracting this equation from 4 times the second equation, we get

$$96y - 36x = 360 - 260$$

$$96y - 36x = 100$$

Dividing both sides by 60, we get

$$\frac{16}{3}y - \frac{6}{5}x = \frac{5}{3}$$

Substituting the expression for $y$ from the first equation, we get

$$\frac{16}{3}(3x + 15) - \frac{6}{5}x = \frac{5}{3}$$

This simplifies to

$$\frac{16}{5}x + \frac{64}{5} = \frac{5}{3}$$

Solving for $x$, we find that $x = 5$. Substituting this value into the first equation, we find that $y = 15/2 = 7.5$. Therefore, the two numbers are $x = 5$ and $y = 7.5$.

Which of the following statements must be true based on the diagram below?
Select all that apply. (Diagram is not to scale.)

Answers

UV is a segment Bisector.

What is a segment Bisector?

A segment bisector is a line, ray, or segment that splits another line segment in half evenly at its center. The midpoint of the line segment is always bisected by the line, which divides it into two equally sized parts.

What is the bisector rule?

The angle bisector theorem states that a triangle's opposite side is divided into two parts by an angle bisector that is proportional to the triangle's other two sides.

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HELP PLEASE show work if possible I WILL MARK BRAINLIEST TO BEST ANSWER

Answers

The Value for x and y as follow:

A) x=2 and y=-8

B) x = -2 and y = 5

C) x = -9/4 and y= -5/2

What is Elimination Method?

The elimination approach involves taking one variable out of the system of linear equations by utilising addition or subtraction together with multiplication or division of the variable coefficients.

Given:

A) 9x- 2y = 34...............(1)

5x+ 2y = -6..............(2)

Adding equation (1) and (2) we get

9x -2y = 34

5x + 2y = -6

_____________

14x = 28

x= 28/14

x= 2

and, 5x +2y= -6

5(2) + 2y= -6

2y = -6 -10

y = -8

B) x+ 6y = 28.....................(3)

2x -3y = -19................(4)

Multiply equation (2) by 2 we get

4x - 6y = -38.......................(5)

Adding equation (3) and (5), we get

x + 6y = 28

4x- 6y = -38

___________

5x = -10

x= -2

and, x+ 6y= 28

-2 +6y= 28

6y= 30

y=5

C) 8x -6y = -3................(6)

6x -5y = -1......................(7)

Multiply equation (6) by 5 and equation by (6), we get

40x - 30 y = -15

36 x - 30y = -6

-       +           +

____________

4x = -9

x= -9/4

and, 8x - 6y = -3

8(-9/4) - 6y = -3

-18 - 6y= -3

-6y = 15

y = -5/2

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Which graph is defined by the function given below?
y=(x + 2)(x+7)
10-
A.
-10
OA. Graph A
OB. Graph B
C. Graph C
OD. Graph D
10+
B.
10-
10
10-
D.

Answers

Graph A is defined by the function y=(x + 2)(x+7) as the graph at y=0 where the function crosses those two points .

what is function ?

The study of mathematics comprises the study of quantities and their variations, equations and associated structures, shapes and their positions, and locations where they can be found. A combination of inputs and corresponding outputs are referred to as a "function," which describes the relationship between them. The term "function" refers to an association between inputs and outputs where each input produces a single, unique result. There are two domains, or scopes, assigned to each function. Usually, the symbol f is used to signify functions (x). input is an x. There are four basic categories of functions that are available: on functions, one-to-one functions, many-to-one functions, within functions, and on functions.

given

The function's zeros are

0=x+2 x=-2

and

0=x+7 x=-7

Consequently, the graph at y=0 where the function crosses those two points .

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to solve 2/5 x = 14, you multiply both sides of the equation by 5/2. your friend divides both sides of the equation by 2/5. who is right? explain.

Answers

Both of you are correct because using either way can solve the equation for the value of x.

How to solve for x ?

In the case of solving for x in  2/5 x = 14, the goal is to get rid of the fraction that is multiplying x on the left side. This can be done by either multiplying both sides of the equation by the inverse of 2 / 5 ( which is 5 / 2 ) or by dividing both sides by 2 / 5.

Doing either of these things would get rid of the 2 / 5 and give an answer to x as shown below :

Multiplying :

2/5 x = 14

5 / 2 x 2 / 5 x = 14 x 5 / 2

x = 35

Dividing :

2/5 x = 14

2 / 5 x / 2 / 5 = 14 / 2 / 5

x = 35

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A bus rental company charges $60 for booking a bus and $120 for each hour the bus is rented. A tour group pays $780 to rent a bus. HELP WANTED TY!!

Select the equation that represents the given situation and find the number of hours the tour group rented the bus.
A. 60x + 120 = 780 ; 11 hours
B. 60x + 120 = 780 ; 6 hours
C. 120x + 60 = 780 ; 11 hours
D. 120x + 60 = 780 ; 6 hours

Answers

The answer is D. 120x + 60 = 6 hours

Answer:d. 120x+60=780

Step-by-step explanation:

120 cost per x hours

Flat Rental cost 60

120x+60=780

-60 as the flat rate which won’t change based on time.

120x=720

Divided by a rate of 120 per hour

x=6 hours

A pet shelter has 5 cats and 9 dogs.
Enter the ratios in the boxes.
ratio of cats to all animals:
ratio of dogs to cats:

Answers

The ratio of cats to all animals is 5:14

the ratio of dogs to cats is 9:5

Given-

Cats = 5

Dogs = 9

Total animals = cats+ Dogs

     5+9=14

so  the ratio of cats to all animals  = 5: 14

and dogs to the cats= 9:5

Ratio give the relation between quantities of to identies.

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what is the quotient of g and 25

Answers

Answer:

the quotient of g and 25 is g/15.

‐3 + 4(a – 3b + 2) – 5(2 – a + 3b)

Answers

Answer: 15a – 12b – 5.

Step-by-step explanation: To solve this equation, we need to distribute the constants in front of the parentheses. Doing so, we get:

-3 + 4(a – 3b + 2) – 5(2 – a + 3b)

= -3 + 4a – 12b + 8 – 10 + 15a – 15b

= (15a – 12b) + (-10 + 8) – 3

= 15a – 12b + -2 – 3

= 15a – 12b – 5

Thus, the solution to the equation is 15a – 12b – 5.

Simplify x+2+3x++5+x+3+2x

Answers

Answer: 7x+10

Step-by-step explanation:

combine like terms

x+3x+x+2x+2+5+3

7x+10

Answer:

Step-by-step explanation:

Simplification of : x + 2 + 3x + 5 + x + 3 + 2x = 7x + 10

First: find the (x) and collect them, put them in the bracket (to ensure the + or -)

(x + 3x + x + 2x) + 2 + 5 + 3

=  7x + 2 + 5 + 3

Then we add up the numbers

= 7x + 10

This is the end result.

x + 2 + 3x + 5 + x + 3 + 2x = 7x + 10

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Lesson 17

Using the info given, solve for the missing value of the right triangle. Round each angle to the nearest degree, each length to the nearest tenth, & each trigonometric value to four decimal places, if necessary.
Hypotenuse = 14.5 meters
Opposite side = 6.3 meters
θ = ?

Answers

The measure for θ is 25.747121°.

What is Trigonometry?

The area of mathematics that deals with particular angles' functions and how to use those functions in calculations. There are six popular trigonometric functions for an angle. Sine (sin), cosine (cos), tangent (tan), cotangent (cot), secant (sec), and cosecant are their respective names and acronyms (csc).

Given:

Hypotenuse = 14.5 meters

Opposite side = 6.3 meters

Now, using Trigonometry

sin θ = Opposite side / Hypotenuse

by putting the given values we get

sin θ = 6.3 / 14.5

sin θ = 63/145

sin θ = 0.4344

θ =25.747121°

Hence, the angle is 25.747121°.

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a letter is chosen at random from the word FOOTBALL, the probability that the letter chosen is not an L is:

Answers

Answer:

7/8

Step-by-step explanation:

Step 1: Count the total number of letters in the word FOOTBALL

There are 8 letters in the word FOOTBALL.

Step 2: Count the number of letters that are not L

There are 7 letters that are not L.

Step 3: Calculate the probability

The probability that the letter chosen is not an L is 7/8.

Solve the equation 5(4x-1.5x) + 12 = 4x- 124 for X

Answers

[tex] \sf \: 5(4x -1.5x) + 12 = 4x - 124 \\ \sf \: 5 \times 2.5x + 12 = 4x - 124 \\ \sf \: 12.5x + 12 = 4x - 124 \\ \sf \: 12.5x - 4x = - 124 - 12 \\ \sf \: 8.5x = - 136 \\ \sf \: x = - 16[/tex]

A paint store makes lime green paint by mixing 3 parts yellow paint to 1 part blue paint. A clerk mixès 5 parts yellow paint to 2 parts blue paint. did the clerk use the correct ratio of yellow paint to blue paint? Explain.

Answers

Answer:

No

Step-by-step explanation:

The ratio used should have been 6 parts yellow paint to 2 parts blue paint

hope this helps



Write an equation and solve for b using the diagram
below. YOU MUST WRITE THE EQUATION IN
ORDER TO GET CREDIT.
(3b + 18)°
93°

Answers

Step-by-step explanation:

hope this is right hehe.....

Assuming these rates continue, how many likes does Dagogo get, on average, for each minute of video he uploads?

Answers

The average like for each minute of the video that he uploads will be 2,000 likes.

What is Algebra?

Algebra is the study of abstract symbols, while logic is the manipulation of all those ideas.

The total number of likes is calculated as,

Like / View = 1 / 5

Like / 9,000,000 = 1 / 5

Like = 1,800,000

The total number of minutes is calculated as,

Time length = (9,000,000 / 150,000) x 15

Time length = 60 x 15

Time length = 900 minutes

The average like for each minute of the video that he uploads will be given as,

⇒ 1,800,000 / 900

⇒ 2,000

The average like for each minute of the video that he uploads will be 2,000 likes.

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The complete question is given below.

Dagogo uploads 3 videos on his channel every month. Each video averages 15 minutes in length and gets an average of 150,000 new views. The average ratio of likes-to-views of Dagogo's videos is 1: 5. Dagogo wants to reach a total of 9,000,000 views on his channel.

Assuming these rates continue, how many likes does Dagogo get, on average, for each minute of the video he uploads?

PLIS HELP
The total cost in dollars, y, that a t-shirt company charges can be modeled by the toes per day by the equation y = 5x + 62, where x represents the number of t-shirts sold. If they sell 74 shirts, what will the total cost be?​

Answers

The total cost of the 74 shirts will be;

⇒ $432

What is an expression?

Mathematical expression is defined as the collection of the numbers variables and functions by using operations like addition, subtraction, multiplication, and division.

Given that;

The total cost in dollars, y, that a t-shirt company charges can be modeled by the toes per day by the equation is,

⇒ y = 5x + 62

Where, x represents the number of t-shirts sold.

Now,

Since, The equation is,

⇒ y = 5x + 62

Where, x represents the number of t-shirts sold.

Hence, For 74 shirts, the cost is fund by substitute x = 74 in above equation,

⇒ y = 5x + 62

⇒ y = 5 × 74 + 62

⇒ y = $432

Thus, The total cost of the 74 shirts = $432

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Six families went to the food festival. Each family has 2 adults and 4 children. The entry fee for each child ticket costs $4, and an adult ticket costs $8. What would be the total cost of the festival tickets?

Answers

By solving an expression we will see that the total cost for the tickets is $192.

What would be the total cost of the festival tickets?

We know that six families went to the food festival, each family has 2 adults and 4 children, then there are:

6*2 = 12 adults in total.

6*4 = 24 children in total.

We know that each child ticket costs $4, and an adult ticket costs $8, then the total cost of all the tickets is what we get when we solve the expression below:

12*$8 + 24*$4

That is, the number of adults times the cost of an adult ticket plus the number of children times the cost of a children ticket.

The total cost is then:

12*$8 + 24*$4 = $192

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PLEASE HELP ME DUE TODAY NOW ASAP THANKS

Answers

The rate of change of the end points of the line is 32/10

What is slope?

Slope is defined as the rate of change of y with respect to x.  Also it is defined as increase in y over increase in x or decrease in y over decrease in x

slope is denoted by the formula = Δy/Δx

Where Δy = change in y

Δx= change in x

The given points are (-9, -2) and (5, 119/5)

The slope of the end points   (119/5 + 21)/(5+9)

The slope is (119+105)/5

M= 44.8/14

The slope is 3.2 = 32/10

Therefore the rate of change is given as 32/10

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In the construction of bridges, engineers use a formula to help
determine the allowable stress on a bridge rocker, a component of the
bridge that handles the stress and weight placed on the pavement of the
bridge. The engineers use the formula F =11/300d (F − 13), where F is the
strength of the steel in kilopound per square inch and d is the diameter
of the rocker in millimeters.
Solve the formula F =11/300d (F − 13) for d.

Answers

From the engineers formula given, making d the subject of the formula gives us; d = 300F/(11(F - 13))

How to change the subject of the formula?

We are given the engineers formula as;

F = (¹¹/₃₀₀)d(F - 13)

Where;

F is the strength of the steel in kilopound per square inch.

d is the diameter of the rocker in millimeters.

From the given formula, we can start by;

Multiply both sides by 300 to get;

300F = 11d(F - 13)

Divide both sides by 11(F - 13) to get;

d = 300F/(11(F - 13))

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Help if you know how to do this! I’d really appreciate it!

Answers

The value of x is 20 and the value of y is 8 from the given quadrilaterals.

What is a Congruent Polygon?

The definition of a congruent polygon is a polygon that is the same shape, has the same length of sides, and has the same interior angles as the polygon it is being compared to. Congruent shapes must all be the same type of shape in order to fulfill the requirement.

Given that, ABCD≅EFGH

We know that, corresponding parts of congruent polygon are equal.

Now, (4y-4)°=28°

4y=32

y=8

(10x-65)°=135°

10x=200

x=20

Therefore, the value of x is 20 and the value of y is 8 from the given quadrilaterals.

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WILL GIVE BRAINLIEST
There are 6.02 × 10^23 atoms in 1 gram of hydrogen. How many atoms are there in 400 grams of hydrogen? Write your answer in scientific notation. If necessary, round your answer to two decimal places.
If possible PLEASE write the answer in the form of 54x10^3

Answers

Answer: 2.403 × 10^3 atoms

Step-by-step explanation:

10^13 x 6.02 = 6.02^23 and 6.02^23 x 4 = 2,403 turned into 2.403 x 10^3 atoms.

A(n)___ is a convex in which both pairs of opposite side are parallel

Answers

4th option: parallelogram

The midpoint M of the line segment AB is (1,3). If the coordinate of B is (-5,7), what is the coordinate of the point A

Answers

Answer:

( 7,-1 )

Step-by-step explanation:

Draw a number line to show 2/8 and 4/16 are equivalent.

Answers

Step-by-step explanation:

think of it as a ruler the small dashes represents the 16ths and the big dashes represents the 4ths. They are on the same line therefore they are equal.

Shaikha types at a rate of 34 words per minute. How many words does she type in 2 minutes?

Answers

Answer:

68 words

Step-by-step explanation:

If 34 words are typed in a minute what about two minutes hence take 34×2

Answer:

68

Step-by-step explanation:

What is a rate?

A rate can be a quantity, or frequency, measured against a different quantity or amount.

If we know that Shaikha can type at a rate of 34 words per minute, and we need to figure out how many words she can type in 2 minutes, we can use an equation that looks like this:

Let m = minutes, w = words per minute and t = total words

m × w = t

Simply just insert your numbers into the equation.

2 × 34 = 68

Therefore, the number of words, or rate, that Shaikha types in 2 minutes is 68.

a particular dress requires 3 1/4 yards of fabric for manufacturing. if the matching jacket requires 1/6 yards less fabric, how much fabric is needed for both pieces?

Answers

Answer: The matching jacket requires 1/6 yards less fabric than the dress, which is 3 1/4 - 1/6 = 3 1/4 - 2/12 = 3 1/4 - 1/6 = 3 1/4 - 1/6 = 3 1/4 - 1/6 = 3 3/12 yards of fabric.

To add these two amounts of fabric together, you need to add the yards and the inches separately.

For the dress: 3 1/4 yards = 3 + 1/4 = 3 + 0.25 = 3.25

For the jacket: 3 3/12 yards = 3 + 3/12 = 3 + 0.25 = 3.25

So, for both pieces, the required fabric is 3.25 + 3.25 = 6.5 yards

Step-by-step explanation:

If a house has decreased 35% since it was purchased and it currently values 117,000 what was purchase value

Answers

Step-by-step explanation:

that means the current value of $117,000 is 100 - 35 = 65% of the original price.

65% = $117,000

1% = 65%/65 = 117000/65 = $1,800

100% = 1%×100 = 1800×100 = $180,000

the original (100%) purchase value was $180,000.

Ashanti cashed her paycheck at Cash-n-Go. The fee at Cash-n-Go is 7.5% of the amount of the check. Her paycheck was $670. How much was the fee for Ashanti to cash her paycheck?​

Answers

Answer:

$50.25

Step-by-step explanation:

7.5% as a decimal is 0.075.

So, the fee is [tex](0.075)(670)=\$50.25[/tex].

A construction crew is lengthening a road. Let y represent the total length of the road (in miles). Let x represent the number of days the crew has worked.
Suppose that x and y are related by the equation y = 53+2x.
Answer the questions below.
Note that a change can be an increase or a decrease.
For an increase, use a positive number. For a decrease, use a negative number.
What is the change per day in the road's length?
miles
What was the road's length when the crew started working?

Answers

Answer: The equation y = 53+2x relates the variables x and y, where x represents the number of days the crew has worked and y represents the total length of the road.

The change per day in the road's length is given by the coefficient of x in the equation, which is 2. Thus, the change per day in the road's length is 2 miles.

The road's length when the crew started working is given by the constant term in the equation, which is 53. Thus, the road's length when the crew started working was 53 miles.

Step-by-step explanation:

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