What is the debt-to-income ratio for a person who has monthly liabilities equal to x dollars and
Question:
What is the debt-to-income ratio for a person who has monthly liabilities equal to x dollars and an annual income equal to y dollars?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
The debttoincome ratio is the amount of money a person ...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
Question Posted:
Students also viewed these Mathematics questions
-
The region bounded by the given curves is rotated about the specified axis. Find the volume of the resulting solid by any method. 1 x = (y 3), x = 4; about y
-
What is the debt to equity ratio?
-
What is the debt to total assets ratio?
-
What will the following code display? numbers = [1, 2, 3, 4, 5] numbers [2] = 99 print (numbers)
-
To answer the questions below, use Boeing Companys financial statements available for download from McGraw-Hills Connect or your course instructor. a. For the years 20052009, calculate the following...
-
Two items are omitted from each of the following three lists of cost of goods manufactured statement data. Determine the amounts of the missing items, identifying them by letter. 22,400 50,400 e)...
-
An analyst who looks at real estate decides to apply the capital asset pricing model to estimate the risk (beta) for real estate. He regresses returns on a real estate index (based on appraised...
-
Lanza Company had the following adjusted trial balance. Instructions (a) Prepare closing entries at June 30, 2014. (b) Prepare a post-closing trialbalance. Lanza Company Adjusted Trial Balance For...
-
You are the audit manager assigned to the 2015 audit of Community Access Printers (CAP). CAP is a privately owned printing company that specializes in printing community newsletters, small local...
-
Bartman Industries's and Reynolds Inc.'s stock prices and dividends, along with the Winslow 5000 Index, are shown here for the period 2012 - 2017. The Winslow 5000 data are adjusted to include...
-
In September 1997, the average cost for 1 gallon of home heating oil in New York City was $1.192 per gallon. By September 2008, it had risen to $4.173 per gallon. (By March 2016, it was down to...
-
Desta wants to purchase The Ultimate Plan from her cell phone provider. If she enrolls in this plan, she can purchase the latest cell phone from the provider for $250. The plan consists of unlimited...
-
William is a single writer (age 35) who recently decided that he needs to save more for retirement. His 2018 AGI before the IRA contribution deduction is $66,000 (all earned income). a. If he does...
-
1. Rod-shaped bacteria, some of which are endospore forming, are referred to as a. cocci. b. bacilli. c. spirals. d. vibrios. 2. Beadlike chains of cocci formed after cell division along a single...
-
11. Legionella and Neisseria are examples of a. facultative anaerobic gram-negative rods. b. gram-negative aerobic rods and cocci. c. spirochetes. d. anaerobic gram-negative cocci. 12. Staphylococci...
-
It is 8:00 a.m. and the night nurse has left. You enter the client's room as she has pressed the call light again. After you wash your hands and introduce yourself, Mrs. Jones exclaims that she has...
-
Presented below is information related to equipment owned by Suarez Company at December 31, 2027. $9,000,000 Cost Accumulated depreciation to date Expected future net cash flows Fair value 1,000,000...
-
Tony is purchasing a new car for 23,000. The tax is 7% of the purchase price and the dealership fee is $525. He has a trade in car valued at $4000 and another $1000 for a down payment. The remainder...
-
Norwood Technologies has the capacity to annually produce either 50,000 desktop computers or 28,000 laptop computers. Relevant data for each product follow: Desktop Laptop Sales...
-
Name some of the various types of financial intermediaries described in the chapter and indicate the primary reason(s) each was created.
-
What is the RR for hypertension? What is a 95% CI associated with this estimate? Hypertension Suppose that 200 obese (BMI 25) children and 500 normal-weight (BMI <25) children are identified in a...
-
Suppose that 30% of children are obese by the above definition. What percent of hypertension is attributable to obesity? Provide a 95% CI associated with this estimate. Hypertension Suppose that 200...
-
What is the estimated OR for hypertension comparing Hispanic boys vs. Caucasian boys? (Call this OR1.) What is a 95% CI for this estimate? Hypertension An important issue is whether there are racial...
-
9:03 AM PP. MUSIC 2010. with respect to CACHING Caper pre vide a full confirmation of the third law. PROBLEMS 10-1 Show that the heat capacity at constant volume can be written Cy as a In T It...
-
Section K: Performance Pay Plans In this section, you need to take each of the performance pay plans that you are recommending and describe the key characteristics of each, as they will be applied at...
-
4. Which of the following markets would most closely satisfy the competitive market? A) milk B) electricity C) cable television D) cola E) economics textbooks are operating at
Study smarter with the SolutionInn App