# Question 1: Kim Lee is trying to decide whether she can afford a loan she needs...

###### Question:

Question 1:

Kim Lee is trying to decide whether she can afford a loan she needs in order to go to chiropractic school. Right now Kim is living at home and works in a shoe store, earning a gross income of $820 per month. Her employer deducts a total of$145 for taxes from her monthly pay. Kim also makes payments totaling $95 from several credit cards each month. The loan she needs for chiropractic school will cost an additional$120 per month.

What will be her new debt payments-to-income ratio?

#### Similar Solved Questions

##### Find the Laplace transform F(s) of f(t)- 3u(t - 3) - 3u(t -4) - 5u(t -5)
Find the Laplace transform F(s) of f(t)- 3u(t - 3) - 3u(t -4) - 5u(t -5)...
##### Determine Whataburger’s source of competitive advantage and accomplish a value chain analysis.
Determine Whataburger’s source of competitive advantage and accomplish a value chain analysis....
##### What are some quotes from "The Five People You Meet In Heaven" about death, living, and peace?
What are some quotes from "The Five People You Meet In Heaven" about death, living, and peace?...
##### A. two tautd, rng nt, or teft b. wnat Is the st sratistic? c p valve?...
a. two tautd, rng nt, or teft b. wnat Is the st sratistic? c p valve? dl. nuil nypothess? (clecmal pau) e. final conc tusun...
##### Use the economic theories discussed, to determine whether the statement in Italics in the following question...
Use the economic theories discussed, to determine whether the statement in Italics in the following question is True, False or Uncertain. Please explain using both words and graph(s) and make it concise. A government is interested in raising tax revenue for unemployment relief. A group of advisors ...
##### What is the abbreviation for triiodothyronine? QUESTION 59 What is the abbreviation for thyroxine-tetraiodothyronine? QUESTION 60...
What is the abbreviation for triiodothyronine? QUESTION 59 What is the abbreviation for thyroxine-tetraiodothyronine? QUESTION 60 What is the abbreviation for thyroid-stimulating hormone?...
##### How are air and water pollution different?
How are air and water pollution different?...
##### 9.Synthesize the transfer function 100 Vn (s) s2 +100s +10 using the circuit below. Let Yı...
9.Synthesize the transfer function 100 Vn (s) s2 +100s +10 using the circuit below. Let Yı = 1/R, , Y,-1/R, , Y,-sC, , Y,-sC2 . choose R.-I k Ω and determine C1 , C2 , and R2 Yi Y....
##### 1.) A diagnosis using DSM-5 criteria 2.) A rationale for the diagnosis 3.) What could be...
1.) A diagnosis using DSM-5 criteria 2.) A rationale for the diagnosis 3.) What could be a few other diagnoses 4.) Ways of treatment A sixty-year-old man is seen by a social worker for evaluation of health care needs for himself and his bedridden wife. He is apparently healthy, with no evidence of i...