Question
Q1. Katya is paid bi-weekly at a rate of $2,269. She has a PITI payment of $864, a VISA payment of $260, and a Student
Q1. Katya is paid bi-weekly at a rate of $2,269. She has a PITI payment of $864, a VISA payment of $260, and a Student Loan payment of $250. What is her back-end ratio ?
Q2. 1. Alanna has a PITI payment of $1,254 a month. She earns a semi-monthly salary of $2,995. What is her front-end ratio ?
Q3. Raj has a PITI payment of $1,064 a month. He makes $6,109 monthly. What is his front-end ratio?
answer them please and thank-you
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Analysis for Financial Management
Authors: Robert C. Higgins
10th edition
007803468X, 978-0078034688
