Business, 27.06.2021 19:10 rafoxy35

WHEEN WIN 4
Madeline Rollins is trying to decide whether she can afford a loan she needs in order to go to chiropractic school. Right now, Madeline
is living at home and works in a shoe store, earning a gross income of $1,300 per month Her employer deducts a total of $340 for
taxes from her monthly pay. Madeline also pays $200 on several credit card debts each month. The loan she needs for chiropractic
school will cost an additional $310 per month.
points
Skipped
Calculate her debt

payments-to-income ratio with and without the college loan. (Remember the 20 percent rule.) (Enter your answers
as a percent rounded to 2 decimal places.)
eBook
Debt Payments-to-
Income Ratio
%
%
Print
With college loan
Without college loan
References
Can she currently afford the school loan?
O Yes
O No
< Prey.
4 of 10
Next >
Mc
Graw
Hill
ADA 00
11:03 A
6/27/20
O
RI
here to search

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 11:20

Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?

Answers: 2

Answer

Business, 22.06.2019 19:30

At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation

Answers: 1

Answer

Business, 22.06.2019 20:10

Suppose the production function in an economy is y = k0.5l0.5, where k is the amount of capital and l is the amount of labor. the economy begins with 64 units of capital and 16 units of labor. use a calculator and equations in the chapter to find a numerical answer to each of the following questions. what are the wage and the rental price of capital? the wage is equal to unit(s) of output and the rental price of capital is equal to unit(s) of output.

Answers: 1

Answer

Business, 22.06.2019 23:30

Each state’s organizational structure is guided by the federal government.true or false?

Answers: 1

Answer

You know the right answer?

WHEEN WIN 4
Madeline Rollins is trying to decide whether she can afford a loan she needs in o...

Questions