Mathematics, 01.02.2021 01:40 Raymond123
Joe-Bob wants to buy a car and will need to take out a loan in order to make the purchase. His current monthly income is $3,500 per month. His mortgage payment is $900 per month, and his student loan payment is $350 per month.
Note: You do not need to take taxes into consideration for this journal.
According to the affordability formulas given, can he afford to take out another loan?
When should he follow the affordability formulas? In what cases should he not?
How could taking out the car loan impact his other priorities?
Answers: 2
Another question on Mathematics
Mathematics, 21.06.2019 19:30
1. find the area of the unshaded square 2. find the area of the large square 3. what is the area of the frame represented by the shaded region show
Answers: 1
Mathematics, 21.06.2019 21:20
52 cm radius = diameter = area = circumference = circumfer
Answers: 1
Mathematics, 21.06.2019 21:20
The edge of a cube was found to be 30 cm with a possible error in measurement of 0.4 cm. use differentials to estimate the maximum possible error, relative error, and percentage error in computing the volume of the cube and the surface area of the cube. (round your answers to four decimal places.) (a) the volume of the cube maximum possible error cm3 relative error percentage error % (b) the surface area of the cube maximum possible error cm2 relative error percentage error %
Answers: 3
You know the right answer?
Joe-Bob wants to buy a car and will need to take out a loan in order to make the purchase. His curre...
Questions
Business, 31.07.2019 02:30
Social Studies, 31.07.2019 02:30
Mathematics, 31.07.2019 02:30
Mathematics, 31.07.2019 02:30
Social Studies, 31.07.2019 02:30
Biology, 31.07.2019 02:30
Biology, 31.07.2019 02:30
Computers and Technology, 31.07.2019 02:30
