18. Disclotmer: Any connections to real people are purely Imaginary, Jayden and Shamine Williams are considering buying a house and are researching the potential costs. Their adjusted gross income is 135,511 The monthly mortgage payment for the house they want would be 1,233. The annual property taxes would be 9,400 and the homeowner's insurance premium would cost them 876 per year. Will the bank lend them 190,000 to purchase the house, If other expenses are not considered at this point? A. Yes, their front-end ratio is less than 40% B. No, their annual adjusted gross income is too low. C. Yes, their front-end ratio is less than 18% D. Yes, their front-end ratlo is less than 28% A B C D

To determine whether the bank will lend Jayden and Shamine Williams 190,000 \ - Monthly property taxes: 783.33 \ - Monthly homeowner's insurance premium: 73 \ - Monthly gross income: 11,255.92 \ - Monthly property taxes: 783.33 \ Total monthly housing expenses: 2,089.33 \frac{2,089.33}{11,255.92} \approx 0.185 18.5\% 18\%$