Noel and Herman need to replace Noel's car. But with the furniture and appliance payments, the credit card bills, and Herman's car payment, they are uncertain if they can afford another payment. The auto-financing representative has asked, "What size payments are you thinking of?" Current payments (excluding the potential cost of Noel's car) total $271 of their $1 comma 880 combined monthly take-home pay. Calculate the debt limit ratio to help them decide about the car purchase and answer the question, "What size payments are you thinking of?" by first assuming a 15 percent limit and then "stretching" it to a 20 percent limit.

In 2018, laureen is currently single. she paid $2,800 of qualified tuition and related expenses for each of her twin daughters sheri and meri to attend state university as freshmen ($2,800 each for a total of $5,600). sheri and meri qualify as laureen’s dependents. laureen also paid $1,900 for her son ryan’s (also laureen’s dependent) tuition and related expenses to attend his junior year at state university. finally, laureen paid $1,200 for herself to attend seminars at a community college to her improve her job skills.what is the maximum amount of education credits laureen can claim for these expenditures in each of the following alternative scenarios? a. laureen's agi is $45,000.b. laureen’s agi is $95,000.c. laureen’s agi is $45,000 and laureen paid $12,000 (not $1,900) for ryan to attend graduate school (i.e, his fifth year, not his junior year).