An underwriter has the following data for a company: monthly income: $9,000; monthly debt: $5,000; loan principal: $40,000; market value: $70,000; gross income: $175,000. Use this data to find the loan-to-value ratio (expressed as a percentage).

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The Answer of An underwriter has the following data for a company: monthly income: $9,000; monthly debt: $5,000; loan principal: $40,000; market value: $70,000; gross income: $175,000. Use this data to find the loan-to-value ratio (expressed as a percentage).

An Underwriter Has the Following Data for a Company: Monthly