William wants to keep his debt-to-income ratio at the recommended 15% or lower.William's house payment is $1,012.84 and his car payment is $579.13.He also has student loans he is repaying in the amount of $250.00 per month.William has eliminated credit cards spending except for budgeted items and continues to pay $300 per month to eliminate his credit card debt.He is looking for a new job.What should his new annual salary goal be in order to keep his debt-to-income ratio at the recommended 15%?
Correct Answer:
Verified
Q16: Mrs.Kalbrisa budgets $125 a month for entertainment.She
Q17: Which statement is NOT part of a
Q18: Jose and Lisa Sanchez created a spreadsheet
Q19: Sarah lives in a part of the
Q20: A single woman uses an online cash
Q22: Richard and Samantha are charting their monthly
Q23: The Lisbons' new heat pump cost $4,500.They
Q24: The Grangers manage their money by using
Q25: Draco recently purchased a new Surface Book
Q26: Katelyn is shopping for a cellular phone
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents