Juanita Has Determined That the PITI on the House She

question 99

Multiple Choice

Juanita has determined that the PITI on the house she would like to purchase will be $1,260 per month.What is the minimum gross salary she will need to qualify for a mortgage from a reputable lender?

• A)$6,300 per month
• B)$4,500 per month
• C)$3,500 per month
• D)$5,040 per month

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Definitions:

Explanandum

The phenomenon or event that is explained by a scientific theory or hypothesis.

False

Refers to something that is not in accordance with truth or fact.

Hypotheses

A proposed explanation for a phenomenon, subject to further investigation or testing.

Explanation

The act of making something clear or understandable, typically by describing the relevant structure, mechanism, or reasons.