b. 10
c. 13
d. 14
Answer:
a. 16
Step-by-step explanation:
Find the scale:
42 ÷ 28 = 1.5
Use this scale for QR to find MN:
24 ÷ 1.5 = 16
Company A requires a greater monthly income since its ideal debt-to-income ratio (0.3) results in a higher portion of income allocated to the mortgage payment compared to Company B's ideal ratio of 0.28.
Company A's ideal metric for the debt-to-income ratio is 0.3, which means the monthly mortgage payment should be 30% of the total monthly income. Similarly, Company B's ideal metric is 0.28, which means the monthly mortgage payment should be 28% of the total monthly income.
Since the target mortgage payment is the same for both companies, the company with the smaller ideal metric (0.28 for Company B) requires a greater monthly income to meet that target. This is because a smaller ratio (0.28) of the mortgage payment to the total income implies that the mortgage payment is a larger portion of the income, requiring a higher income to maintain the same payment amount.
In other words, Company B's requirement of keeping the debt-to-income ratio lower means that the mortgage payment should be a smaller fraction of the total monthly income. As a result, to keep the mortgage payment constant, a higher income is needed to achieve the smaller debt-to-income ratio of 0.28 compared to Company A's debt-to-income ratio of 0.3.
Learn more about debt-to-income ratio here:
#SPJ3
Answer:
the 0.28 company
Step-by-step explanation:
0.28 is smaller than 0.3 and 0.28 still costs the same amount of money as 0.3
Answer:When two lines are crossed by another line (which is called the Transversal), the angles in matching corners are called corresponding angles. Example: a and e are corresponding angles. When the two lines are parallel Corresponding Angles are equal.