What maximum debt burden per month can she assume

Assignment Help Finance Basics
Reference no: EM13270100

Lindsey has a job with monthly take-home pay of $3,500. Using the suggested maximum debt safety ratio of 20%, what maximum debt burden per month can she assume?

Reference no: EM13270100

Questions Cloud

Find net energy content of drink : the label on a soft drink states 15.fl oz (444g) provides 220 kcal. The drink is cooled to 15degree Celsius before it's consumed. Find net energy content of drink
Calculate the amount of money to spend each month : Consider a square house 40 ft on a side, 10 ft high, with a flat roof on top and walls/roof that is 8 inches thick. The thermal conductivity for an un-insulated wall or roof is 1.6 W/Km, while with fiberglass insulation its 0.04 W/Km.
What is the maximum monthly mortgage payment : what is the maximum monthly mortgage payment for which he can qualify? Monthly Gross Income $5,000 Car payment 800 Other installment debt 500.
Explain when ethane (c2h6) reacts with chlorine : You may want to write out the reaction)When ethane (C2H6) reacts with chlorine (Cl2) the product is C2H5Cl and HCl. In a certain experiment 165 g of C2H6 reacts with 255 g of Cl2.
What maximum debt burden per month can she assume : Lindsey has a job with monthly take-home pay of $3,500. Using the suggested maximum debt safety ratio of 20%, what maximum debt burden per month can she assume?
Give properties to find the fourier transform of the signal : The fourier transform of the triangular pulse x(t) is expressed as: X(w) = 1/w^2(e^jw - jwe^jw - 1) Use this information, and the time-shifting and time-scaling properties to find the fourier transform of the signal: y = x, -1
What is the total dollar amount they will need at closing : They will make a 20% down payment, and they must pay 2 points on the loan. Closing costs should be 3% of the purchase price. What is the total dollar amount they will need at closing?
What is the spacing between points : Two in-phase loudspeakers are some distance apart. What is the spacing between points where constructive interference occurs? The speed of sound in air is 343 m/s
What is the power recieved in the rr-ll and rl polarizations : If a particular radar reciever can detect the target using HH polarization at a maximum distance of 10km, find the maximum distance at which the target can be detected using VV polarization. Assume a standard radar equation.

Reviews

Write a Review

Finance Basics Questions & Answers

  Governmental fund financial statements

Are governmental fund financial statements sufficient for users seeking information about operational accountability? If so, why? If not, what type of information is needed to properly assess the effectiveness of the agency's operations that governme..

  What is the addition to retained earnings

Dividends and retained earnings. Suppose the firm in problem 2 paid out $56,000 in cash dividends. What is the addition to retained earnings?

  Find the divisions total costs

Texas Products Inc has a division which makes burlap bags for the citrus industry. The unit has operating fixed expenses of $12,000 per month, and it must sell 42,000 bags per month at $2.50 to break even.

  Funding of higher education

Discuss and explain how the funding of higher education can be divided up by the following main sources?

  Calculate the npv of the loan

A small business is receiving a five-year $1,000,000 loan at a subsidized rate of 3% per year. Calculate the NPV of the loan.

  What is the beta of your portfolio

Assume that you have $100,000 invested in a stock whose beta is .85, $200,000 invested in a stock whose beta is 1.05, and $300,000 invested in a stock whose beta is 1.25. What is the beta of your portfolio?

  Did these assets change in value on the firm financial state

A U.S. firm has total assets valued at €125,000 located in Germany. This valuation did not change from last year. Last year, the exchange rate was €1.1 = $1. Today, the exchange rate is €0.8 = $1. By what amount did these assets change in value on th..

  A company is considering building

A company is considering building a new and improved production facility for one of its existing products.  Should the company build the new and improved production facility.

  Calculate the weighted cost of the capital of this project

Assume the following facts about a firm's financing in the next year. Calculate the weighted cost of the capital of this project

  S the present value of the futures contract in dollars

Treasury bond futures contract settles at 105'8.  a. What is the present value of the futures contract in dollars? b. If the contract settles at 105-8, are current market interest rates higher or lower than the standardized rate on a futures contract..

  Personal financial planning

John inherited $2 million in an IRA, which comprised of the entire estate from his father. He promptly withdrew the funds. The appropriate marginal tax rate was 28%.

  How is the investor affected

An investor undertakes an investment in Russia in rubles (the local currency). How is the investor affected if the ruble ends up devaluing more rapidly than originally expected with respect to the U.S dollar?

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