Help with math problem

User Generated

oznl1822

Mathematics

Description

Conchita martinez will have a monthly interest and principal payment of $1,858.46. Her monthly real estate taxes will be $56.84 and her monthly homeowners insurance payments will be $85.02. If her gross monthly income is $6,769.24, find the housing ratio.

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Explanation & Answer

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The housing ration is 29.55%.

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