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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
Submitted:
4 years ago.
Category:
PreCalculus
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Expert:
Ryan
replied 4 years ago.
Hi,
Thank you for using JustAnswer.
Here are the solutions:
Solutions
Please feel free to ask if you have questions about any of these solutions.
Thanks,
Ryan
Ask Your Own PreCalculus Question
Customer:
replied 4 years ago.
i will not accept becuase you have not answer the math problems
Expert:
Ryan
replied 4 years ago.
Hi,
The answers were highlighted in the document that was in the link in my previous post.
Do you need to see the calculations too?
Thanks,
Ryan
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