Mathematics, 17.10.2021 01:00 jackie533

PLEASE HELP! Suppose two mortgage companies compare the ratio of the monthly mortgage payment to the total monthly income as their metric. Suppose 0.3 is the ideal metric for the debt-to-income ratio for Company A, and 0.28 is the ideal metric for the debt-to-income ratio for Company B. Provided the target mortgage payment is the same for either company, then which of these mortgage companies requires a greater monthly income? Explain. Company requires a greater monthly income.

The mortgage debt-to-income ratio of is less than.

Therefore if it is a goal to keep the mortgage payment the same, then Company would require a greater monthly income than Company

Answers: 3

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 19:30

The table below represents the displacement of a fish from its reef as a function of time: time (hours) x displacement from reef (feet) y 0 4 1 64 2 124 3 184 4 244 part a: what is the y-intercept of the function, and what does this tell you about the fish? (4 points) part b: calculate the average rate of change of the function represented by the table between x = 1 to x = 3 hours, and tell what the average rate represents. (4 points) part c: what would be the domain of the function if the fish continued to swim at this rate until it traveled 724 feet from the reef? (2 points)

Answers: 2

Answer

Mathematics, 21.06.2019 23:00

Car a and car b were in a race .the driver of car b claimed that his car was twice as fast as car a

Answers: 3

Answer

Mathematics, 22.06.2019 00:10

Answer asap and if you do you will get brainliest. catherine buys a gallon of ice cream from the store. after taking it home, she eats a fifth of a gallon of ice cream. her sister eats some of the ice cream as well. if two-thirds of the original amount of ice cream is left, then what fraction of a gallon of ice cream did her sister eat?

Answers: 2

Answer

Mathematics, 22.06.2019 03:00

Out of five men and five women, we form a committee consisting of four different people. assuming that each committee of size four is equally likely, find the probabilities of the following events: 1. the committee consists of two men and two women 2. the committee has more women than men. 3. the committee has at least one man. for the remainder of the problem assume that alice and bob are among the ten people being considered. 4. both alice and bob are members of the committee.

Answers: 2

Answer

You know the right answer?

PLEASE HELP! Suppose two mortgage companies compare the ratio of the monthly mortgage payment to the...

Questions