Suppose that you are interested in buying a home, but are unsure of how much you can afford. What is the best way to determine your prospects for obtaining a mortgage?
A) Calculate your debt limit ratio.
B) Figure the 28/36 rule.
C) Determine what your mortgage payment will be.
D) Determine what your income taxes will be.
E) Both B and C are correct answers.
Answer: E
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A) I B) II C) III D) IV
A homeowner is liable for negligence per se if he or she fails to repair a damaged sidewalk in front of his or her home and a pedestrian who trips on the unrepaired sidewalk is injured
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When a person describes a mechanism, he or she also should explain how to operate it
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What percentage of the time is there one person at the machine?
The soda machine outside the lecture hall sees a steady stream of customers throughout the day. While the machine takes 4 seconds to deliver a can of carbonated sugar water once the button is pressed, the student customers introduce variation into the delivery process by pondering their selection for a while. Thus, we can safely say that the service time is governed by a negative exponential probability distribution that averages 10 seconds. Over the course of a twelve hour lecture day, students arrive at the rate of 240 per hour, Poisson distributed of course. A) 56% B) 44% C) 33% D) 22%