A person has $1,250 in liabilities, monthly savings of $200, and monthly gross income of $2,500. What is the person's savings ratio?
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- Need answerHypothetically, Suppose that a monthly net income is $3,340. Your monthly debt payments include your student loan payment and a gas credit card. They total $1,002. What is your debt payments-to-income ratio? I do not know how to enter the answer as a percent rounded to the nearest whole number. please helpIf you net $14.25 per hour and work 40 hours a week, 4 weeks per month, and have monthly expenses of: rent $825.50, car payment $458.79, utilities $110, food $150, gas $105, phone $125.25, savings $225, and insurance $118.36, what do you have left to invest for your retirement?
- An individual wants to deposit $112,100 into two investment accounts. One account pays 66% annual return, and the other pays 1515%. How should this individual divide the total amount, if he wants to have an annual return of $11,703?Calculate the DTI ratio (as a percent) for a borrower who has a gross monthly income of $5,330 and has a minimum credit card bill of $250.00, a car lease payment of $344.97, and a student loan payment of $187, and who is applying for a loan for which the monthly payment will be $2,584.64?if you deposit $190, $250, and $300 in a savings account at the end of the years 2017, 2018, and 2019 respectively how much money will be there in the account at the end of 2019 if you earn an interest of 5.3% per year on your savings?
- How can we calculate the total annual interest payment for a credit card debt of $ 1,000?Calculate the DTI ratio (in percent) for a borrower who has a gross monthly income of $4,875 and has a minimum credit car bill of $125, a car lease payment of $276.78 and a student loan payment of $216, and who is applying for a loan with a monthly payment of $2,021.79. (Round your answer to the nearest tenth of a percent.)Suppose you have a 20 year mortgage for $493,194 with monthly payments of $29895. What is the total amount of interest you paid for your mortgage?
- Suppose you want to have $ 367733 for retirement in 31 years. Your account earns 4.4 % interest monthly. How much interest will you earn?If your starting net worth is $20,000, how much will you be worth after the following transactions: earn salaries of $3,000, pay living expenses of $2,000, borrow $5,000 and pay interest of $300?Suppose you have borrowed 72,000 as a mortgage loan on your house. The interest rate is 3%. The bank has calculated the monthly payment to be $515.83. How long will it take you to pay the loan?
