What is the maximum monthly payment

Assignment Help Business Economics
Reference no: EM131835665

Net monthly income $4000 expected full mortgage payment $1000 student loan payment $250 car payment $300 If the lender required total payment to income ratio below 45% what is the maximum monthly payment this person could have to meet the standards?

Reference no: EM131835665

Questions Cloud

Develop a presentation for senior management for proposal : You have kicked off the District 4 Production Warehouse Move project, your contractors are in place and working on receiving the proper building permits.
What is the invisible hand theory : What is the invisible hand theory from the book inequality and work in the global economy chapter 5 and 6. Page reference please
Discuss diversity attitudes behavior and perception : Discuss diversity, attitudes, behavior, perception, job satisfaction, pay and safety in the military, corporate both the negative and positive of each.
How much producer surplus per day will there : Each person spends 12 hours per day writing poems and requires a wage of $10 per hour to do so. How much producer surplus per day will there be if the market
What is the maximum monthly payment : What is the maximum monthly payment this person could have to meet the standards?
A project history of your recent trillo apparel company : The report should include a project history of your recent Trillo Apparel Company District 4 Production Warehouse Move experience.
Find the probability the company will not lose money : a. Use an addition rule to find the probability the company will not lose money next quarter. b. Use the complement rule to find the probability
What is the dividend rate on preferred stock : Purpose of Assignment: The purpose of this assignment is to help you become familiar with examining the stockholders' equity section of the balance sheet.
Discuss the federalist papers including their origin : Discuss the Federalist Papers, including their origin and significance. It will need to be 4 pages. APA format.

Reviews

Write a Review

Business Economics Questions & Answers

  Optimal order quantity and the optimal time between orders

The demand for a product is 700 units per week, and the items are withdrawn at a constant rate. The setup cost for placing an order to replenish inventory is $25. The unit cost of each item is $3, and the inventory holding cost is $0.05 per item per ..

  Can we conclude that an individual participating

Can we conclude that an individual participating in the program would be worse off if provided with a cash grant of $50 instead of the viagra?

  Businesses maximize profits in perfectly competitive market

Explain how businesses maximize profits in a perfectly competitive market. Comment on the benefits to consumers in such as market.

  Integrates into a domain-based network

What do you need to tell him about how Windows 10 integrates into a domain-based network?

  What is the nash equilibrium of the game

Every year, management and labor renegotiate a new employment contract by sending their proposals to an arbitrator who chooses the best proposal (effectively giving one side or the other $1 million). Diagram this simultaneous move game. What is the N..

  Working toward becoming a socially responsible company

As you consider your options, evaluate whether the alternatives you come across fit with your company's mission, vision, and ethical framework, as well as any existing social responsibility efforts. Explain why the social cause you chose is a good fi..

  Firm faces considerable revenue uncertainty

Your firm faces considerable revenue uncertainty because you have to negotiate contracts with several customers. Use Excel to set up a decision tree for your profit forecast (it does not matter whether costs or revenues come first). How many possible..

  How did the recession impact businesses

Mention graph of aggregate demand and aggregate supply with equilibrium with explaination - Draw a graph of linkage with explaination

  Tiebout competition

Tiebout competition: a short essay. Discuss how Tiebout competition relates to the real world and give an example of a policy that can be understood through Tiebout competition.

  Common resources tend to less than socially optimal level

Does the free-market (i.e. unregulated) use of common resources tend to be more or less than the socially optimal level?

  Critique ford actions from the perspective

(a) Critique Ford's actions from the perspective of the NSPE Code of Ethics.

  Firm graphs for perfectly competitive industry

Using both market and firm graphs for a perfectly competitive industry, show the effect of an increase in consumers’ income taxes. Assume the representative firm and market begin in long run equilibrium. Illustrate the short run effect on price, outp..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd