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Ryan, Engineer

Category: Pre-Calculus

Satisfied Customers: 8951

Experience: B.S. in Civil Engineering

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You make $30,000.00 and your spouse makes $35,000.00. Using

Customer Question

You make $30,000.00 and your spouse makes $35,000.00. Using the 20% to 25% range, calculate the least and greatest amount you spend on housing.

Choose the best answer from the options below: A $13,000 - $16,250 B $14,000 - $17,250 C $15,000 - $18,250 D $16,000 - $19,250

You make $32,000.00 .Using the 20% to 25% range, calculate the least and greatest amount you should spend on housing.

Choose the best answer from the options below: A $6200 - $8000 B $6300 - $8000 C $6400 - $8000 D $6500 - $8000

42,500.00 and your spouse makes $37,750. Using the 20% to 25% range, calculate the least and the greatest amount you should spend on housing.

Choose the best answer from the options below: A $13,050 - $17,062.50 B $14,050 - $18,062.50 C $15,050 - $19,062.50 D $16,050 - $20,062.50

You are paying $1,175.00 a month for rent and you earn $42,500.00. What percent of your income are you spending for rent?

Choose the best answer from the options below: A 33.18 % B 34.18 % C 35.18 % D 36.18 %

You spend $6,380.00 a year for rent. This is 22 % of your income. What is your income?

Choose the best answer from the options below: A $27,000 B $28,000 C $29,000 D $30,000

You make $35,000.00. You could purchase a home at 250% to 300% of your income. What is the least and most you could spend on a home?

Choose the best answer from the options below: A $97,500 - $105,500 B $87,500 - $105,500 C $67,500 - $105,500 D $55,500 - $105,500

You are purchasing a home for $310,000.00. You are going to apply for a mortgage. The lending institution requires a 20% down payment. What is the down payment?

Choose the best answer from the options below: A $60,000 B $61,000 C $62,000 D $63,000

You are purchasing a home for $310,000.00. You are going to apply for a mortgage. The lending institution requires a 20% down payment. What is the down payment?

Choose the best answer from the options below: A $60,000 B $61,000 C $62,000 D $63,000

Monthly Payment for a $1,000 Loan Annual Interest Rat Length of Loan in Years 20 25 30 6.00 % $7.16 $6.44 $6.00 6.50% $7.46 $6.75 $6.32 You are applying for a $175,000.00 loan at an annual percentage rate of 6.5 % for 30 years . What is the monthly payment?

Choose the best answer from the options below: A $1006 B $1106 C $1206 D $1306

You get a loan of $175,000.00 for 30 years. Your monthly payment is $1106.00. Calculate the total amount paid and the amount of interest paid.

Choose the best answer from the options below: A Total = $368,160 Interest = $200,000 B Total = $378,160 Interest = $210,000 C Total = $388,160 Interest = $220,000 D Total = $398,160 Interest = $223,160