Register

You have a mortgage payment of $1,248.90/month. Using proportions, what is the minimum you must have in realized income per month to keep your housing expense in the acceptable …

You have a mortgage payment of $1,248.90/month. Using proportions, what is the minimum you must have in realized income per month to keep your housing expense in the acceptable …
73.0k views
1 vote
You have a mortgage payment of $1,248.90/month. Using proportions, what is the minimum you must have in realized income per month to keep your housing expense in the acceptable range?

User AndrewN
by
8.5k points

2 Answers

2 votes

Answer: The correct answer would be $4,460.36

Step-by-step explanation: I know because I just took it on a test :)

User Afiefh
by
8.3k points
3 votes
minimum is 25% for housing

1248.90 / 0.25 = $4995.60 per month
User WhiteKnight
by
8.2k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
The cost of 5 similar digital cameras and 3 similar video cameras is 3213. Each video camera costs 4 times as much as each digital camera. John buys a digital camera and a video camera. How much does he
Link Copied!