Narrative 14-2 For Problems in This Section, Use Table 14-1 from Your

question 19

Short Answer

Narrative 14-2
For problems in this section, use Table 14-1 from your text to find monthly mortgage payments.
-Refer to Narrative in your text 14-2. Harold Stiles earns a gross income of $2,960 per month. He has made application for a mortgage with a monthly PITI of $596.20. Harold has other financial obligations totaling $219 per month. (Use the ratio guidelines from your text)
A)What is Harold's housing expense ratio? (Round to the nearest tenth of a percent)
B)What is Harold's total obligations ratio? (Round to the nearest tenth of a percent)

• A)What is Harold's housing expense ratio? (Round to the nearest tenth of a percent)
• B)What is Harold's total obligations ratio? (Round to the nearest tenth of a percent)

---

Definitions:

Hypothalamus

A region of the brain responsible for the regulation of certain metabolic processes and other activities of the autonomic nervous system, including temperature control and releasing hormones.

Occipital Cortex

The portion of the cerebral cortex located at the back of the brain, responsible for processing visual information received from the eyes.

Subjective Distress

A personal experience of discomfort, pain, or suffering, which can vary greatly from one individual to another.

Emotional Difficulties

Challenges in managing, understanding, and expressing feelings in a healthy way.