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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:
2 years ago.
Category:
PreCalculus
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Expert:
Ryan
replied 2 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 2 years ago.
i will not accept becuase you have not answer the math problems
Expert:
Ryan
replied 2 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
Ask Your Own PreCalculus Question
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