document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1128651>Question 1128651</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Need help with formulating an equation for the following mortgage question.\r<BR>\n" );
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document.write( "Suppose that in order to qualify for the loan, the total monthly payment cannot exceed 30% of monthly income. What is the minimum monthly income needed to qualify for the loan? What is the minimum annual income needed? \r<BR>\n" );
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document.write( "The mortgage payment for this is $2,500.50\r<BR>\n" );
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document.write( "Thank you in advance for any help provided. </SPAN>\n" );
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document.write( "if the mortgage payment for this is $<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2500.50+ ALIGN=MIDDLE  ALT=\"2500.50+\"   DISABLED_style= \"max-width:90%; height:auto;\" >, it is a <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=30 ALIGN=MIDDLE  ALT=\"30\"   DISABLED_style= \"max-width:90%; height:auto;\" >%=<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.30 ALIGN=MIDDLE  ALT=\"0.30\"   DISABLED_style= \"max-width:90%; height:auto;\" > of monthly income <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x ALIGN=MIDDLE  ALT=\"x\"   DISABLED_style= \"max-width:90%; height:auto;\" > and\r<BR>\n" );
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document.write( "$<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.30x=2500.50+ ALIGN=MIDDLE  ALT=\"0.30x=2500.50+\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "$<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x=2500.50%2F0.30+ ALIGN=MIDDLE  ALT=\"x=2500.50%2F0.30+\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "$<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x=8335+ ALIGN=MIDDLE  ALT=\"x=8335+\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Therefore, your monthly income need be not less than $<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=8335+ ALIGN=MIDDLE  ALT=\"8335+\"   DISABLED_style= \"max-width:90%; height:auto;\" > to qualify for the loan. </SPAN>\n" );
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