Calculate the housing expense ratio and the total obligation ratio (in %) for the following mortgage applications. (Round your answers to two decimal places.) Other Monthly Financial Monthly Monthly PITI Housing Expense Ratio (%) Total Applicant Obligations Ratio (%) Gross Income Expense Obligations Emerson $2,900 $755 $290 %

Q: Calculate the finance charge (in $), the finance charge per $100 (in $), and the annual percentage…

A: Amount financed = $13000  Number of payment =36  Monthly payment = $454 FInd finance charge, finance…

Q: Calculate the finance charge (in $) and the annual percentage rate for the installment loan by using…

A: Given Amount financed =$100000 Number of payment=72 Monthly payment=$2015.50

Q: Calculate the finance charge (in $), the finance charge per $100 (in $), and the annual percentage…

A:

Q: Calculate the finance charge (in $), the finance charge per $100 (in $), and the annual percentage…

A: Given: The finance charge per $100. The amount financed is $13000. Number of payments = 36. The…

Q: .. Determine the Actual and Approximate number of days in the given origin and repayment dates.…

A:

Q: Use the following amortization chart: Selling price of home: $94,000 Down payment: $4,000…

A: Given: Selling price of home = $ 94,000 Down payment = $ 4000 Principal (loan), P= $ 90000 Rate of…

Q: Use the following amortization chart: Selling price of home: $98,000 Down payment: $6,000…

A: The mortagage payment is $552  The mortgage is for 30 years. Therefore, total amount paid in 30…

Q: Calculate the housing expense ratio and the total obligation ratio (in %) for the following mortgage…

A: Given that: Monthly gross income = $3700   Monthly PITI expense = $605   Monthly financial…

Q: Find the amount of simple interest on a loan of $4,500 at 9% interest for 12 years. O $427.50 O…

A: Thanks for the question :)And your upvote will be really appreciable ;) last option

Q: Calculate the housing expense ratio and the total obligation ratio (in %) for the following mortgage…

A: Find the Housing expense ratio and total obligations ratio in percentage .

Q: Calculate the finance charge (in $), the finance charge per $100 (in $), and the annual percentage…

A: Given information Amount financed=$17,950 Number of payments=48 Monthly payment=$551.47 We have to…

Q: Calculate the housing expense ratio and the total obligation ratio (in %) for the following mortgage…

A:

Q: Calculate the housing expense ratio and the total obligation ratio (in %) for the following mortgage…

A: To calculate- Housing expense ratio                        total obligation ratio

Q: Calculate the interest (in $), purchase price (in $), and effective interest rate (as a %) of the…

A: Given, The Face value =$70,000 Discount Rate =4.60% To find the Term, Interest, Purchase Price &…

Q: Calculate option price, put and call , strikes +/- 5% Present price 3,475 Number of days 730…

A:

Q: Calculate the finance charge and new balance using the previous balance method. Previous balance…

A:

Q: The activity on Denise Helling's Master Card account for one billing period is shown below. Find the…

A: Consider the provided question, To calculate average daily balance, we need to determine total…

Q: For a universal life insurance policy with a death benefit of 150,000, you are given: a) The…

A:

Q: In order to make some home improvements, a home owner spent $24,000. He paid 10% as a down payment…

A: This question can be solved using APR table.

Q: If their maturity values were the same, how many months was Joanna's loan for? Round your answer to…

A: From the given, it is observed that the Fred had borrowed an amount of $5,540 for 20 months at the…

Q: Calculate the table factor, the finance charge, and the monthly payment (in $) for the loan by using…

A:

Q: An invoice for $3200, dated March 20, terms 3/10 E.O.M., was received March 23. What payment must be…

A:

Q: Calculate the finance charge (in $) and the annual percentage rate for the installment loan by using…

A:

Q: A homeowner installed new kitchen cabinets and countertops for $6,000. He paid 20% down and financed…

A:

Q: Calculate the housing expense ratio and the total obligation ratio (in %) for the following mortgage…

A: Given: Applicant = Emerson  Monthly Gross Income = 2,900  Monthly PITI Expense = 655 Other Monthly…

Q: Calculate the finance charge (in $), the finance charge per $100 (in $), and the annual percentage…

A:

Q: Calculate the creditor's turnover ratio and debt payment period from the following information:

A:

Q: Using the ordinary dating method, calculate the discount date and the net date for the transaction.…

A:

Q: Calculate the net asset value (in $) and number of shares purchased for the mutual fund. Round…

A:

Q: Calculate the housing expense ratio and the total obligation ratio (in %) for the following mortgage…

A: Given that: Monthly gross income = $2600   Monthly PITI expense = $777   Monthly financial…

Q: An invoice for $3200, dated March 20, terms 3/10 E.O.M., was received March 23. What payment must be…

A:

Q: Calculate the finance charge (in $) and the annual percentage rate for the installment loan by using…

A:

Q: Jane Smart plans to make the following deposits in an account towards cash purchase of a real estate…

A: *Answer:  A. R = 12% Amount in the account after the last deposit = 6000*1.12^4 + 14000*1.12^3 +…

Q: calculate the housing expense ratio and the total obligation ratio (in %) for the following mortgage…

A:

Q: any remaining debt at a specified time Regular Payment Outstanding Balance Loan O Mortgage…

A:

Q: A car dealer carries out the following calculations. List price $ 5,368.00 Options $ 1,625.00…

A: 3% interest for 48 months  repayment months=48 rate of interest=3%

Q: On September 4, 2021, the market value of the investments contained in the Brookstone Utilities…

A: We need to calculate value per share.

Q: Purchase Costs Dovn paynent Loan payment Estimated value at end of loan Opportunity cost interest…

A: Given the Purchasing costs and leasing costs of buying a motor vehicle. To calculate the total…

Q: ack Fitzgerald wishes to purchase a used car that has a cash price of ​$12,000. The installment…

A: Given that          Jack Fitzgerald wishes to purchase a used car that has a cash price of $ 12,000.…

Q: Compare the monthly payment and total payment for the following pair of $180,000 loan options.…

A: We have to compare the monthly payment and total payment for the following pair of $180,000 loan…

Q: Investigate the effect of the interest rate on home loans by finding the monthly payment and the…

A:

Q: Calculate the finance charge (in $), the finance charge per $100 (in $), and the annual percentage…

A: Given: The finance charge per $100 Number of payments = 36. Total payments=$454.00 Amount…

Q: Find the mortgage payment for a 15-year loan of $223,300 at an annual interest rate of 8.25%. (Round…

A: n =12  t =15 A = $223300  r =8.25%.

Q: Note: Round all answers to the nen necessary. Calculate the amount financed, the finance charge, and…

A: Given,Purchase (cash) Price=$3300                         Down Payment=20%…

Q: Calculate the finance charge (in $), the finance charge per $100 (in $), and the annual percentage…

A: Given information Amount financed=$17,950 Number of payments=48 Monthly payment=$523.47 First, we…

Q: Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days…

A: Given Balance = $300 APR = 17% Payment = $50

Q: Suppose you want to purchase a ​$322,000 ​home, and you have the required ​$60,000 down payment in…

A:

Q: Complete the following amortization chart by using Table 15.1. (Round your answers to the nearest…

A: Given, Selling price of home = $183000 Down payment = $40000 Principal loan amount = 183000 - 40000…

Q: As one of the loan officers for Grove Gate Bank, calculate the monthly principal and interest, PI…

A: PI= $1995.28 PITI= $2720.20

Q: Using this table as needed, calculate the required information for the mortgage. (Round dollars to…

A: According to question given thatAmount financed=$162,300Interest Rate=7.25%Term of loan(years)=15

Q: Consider the following loan. Complete parts (a)-(c) below. An individual borrowed $90,000 at an APR…

A:

Q: The chief finance officer of your township reminded the township board of a loan that they have to…

A:

Cylinders

A cylinder is a three-dimensional solid shape with two parallel and congruent circular bases, joined by a curved surface at a fixed distance. A cylinder has an infinite curvilinear surface.

Cones

A cone is a three-dimensional solid shape having a flat base and a pointed edge at the top. The flat base of the cone tapers smoothly to form the pointed edge known as the apex. The flat base of the cone can either be circular or elliptical. A cone is drawn by joining the apex to all points on the base, using segments, lines, or half-lines, provided that the apex and the base both are in different planes.