6-2 Buying a Vacation Home Barrie and Inga Adlington, of Birmingham, England, have just finished putting their three daughters through college. As empty-nesters, they are considering purchasing a vacation home in the United States on a lake because prices have dropped in recent years. The house might also serve as a retirement home once they retire in 6 years. The Adlingtons' net worth is $383,000 including their home worth about $264,000 on which they currently owe $41,000 for their first mortgage, with a $780 per month payment. Their outstanding debts in addition to their mortgage include $12,400 on one car loan ($270 monthly payment), $13,900 on a second car loan ($281 monthly payment), and a $25,600 second mortgage on their home taken out to help pay for their daughters' college expenses ($183 monthly payment). Their income is $120,000. Calculate the Adlingtons' debt-to-income ratio. Round your answer to two decimal places. % Advise them as to the wisdom of borrowing to buy a vacation home at this time. The input in the box below will not be graded, but may be reviewed and considered by your instructor.