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11.01.2020 •
Mathematics
Using the 28/36 ratio, determine the maximum allowable recurring debt for someone with an annual income of $86,250.
a.
$575.00
b.
$2,012.50
c.
$2,415.00
d.
$2,587.50
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Ответ:
Option A.
Step-by-step explanation:
Annual income = $86,250
Monthly income =![\frac{\$86,250}{12}=\$7,187.5](/tpl/images/0450/9953/549f3.png)
According to the 28/36 rule:
1. A household should spend no more than 28% of its gross monthly income on total housing expenses.
2. No more than 36% on all debt, including housing-related expenses and other recurring debt service.
36% - 28% = 8%
It means maximum allowable recurring debt is 8% of monthly income.
Maximum allowable recurring debt =![7,187.5\times \frac{8}{100}](/tpl/images/0450/9953/f2bbb.png)
= $575
Therefore, the correct option is A.
Ответ:
B
Step-by-step explanation:
y - (-9) = -2(x - 10)
y + 9 = -2(x - 10)