Weegy: Owen makes $3,000 per month. He spends $300 on credit card payments and $350 on an auto loan. His debt-to-income ratio is 22%. (300+350)/3000*100 = 21.67, rounded to 22. User: If you pay the minimum payment each month, you will quickly pay off your credit card. True False User: Monica graduated from high school this year and has a steady job. She feels ready to move into her own space and has $1,200 in savings. Does she have enough for a down payment to rent this apartment? Security Deposit $500 Application Fee $10 First Month’s Rent $550 Parking (optional garage) $30 Electricity included in the rent Telephone approximately $36 per month; $40 to connect Water $26 per month; a deposit of $50 yes no Weegy: The answer is yes. (More)

Weegy: The safest and most popular type of mortgage loan has a fixed rate and is called a ARM, User: The periodic rate is _____. an interest rate that changes over the term of the loan the interest rate you are charged for one payment period the APR multiplied by twelve the amount of time you have to pay your loan Weegy: he periodic rate is the interest rate you are charged for one payment period. User: Cynthia feels she is ready to move into her own apartment. She makes $2,000 per month. Does she make enough money to pay for the continuous costs of this apartment? Security Deposit $500 Application Fee $10 First Month's Rent $550 Parking (optional garage) $30 Electricity included in the rent Telephone approximately $36 per month; $40 to connect Water $20 per month; a deposit of $50 yes no Weegy: yes security deposit = $500 application fee = $10 first month rent = $ 550 Electricity= $36 water= $20 deposit= $50 total: $1166+$30 parking optional+ $40 to connect water = $1236 but in monthly she only pay: $550+$36+$20= $660 (More)

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