The Delos' adjusted gross income is $198,000 per year. The Delos' monthly
housing expenses com...
Mathematics, 05.05.2020 04:34 talanna394
The Delos' adjusted gross income is $198,000 per year. The Delos' monthly
housing expenses come out to $1,967.41. Their car payment is $299, their
student loan payments combined are $550, and their credit card bill is
$1,250. Calculate their back-end ratio and determine whether the bank
will approve them for the mortgage.
25%, Yes
25%, No
24%, No
24%, Yes
Answers: 2
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