Question
Jessica's financial advisor believes that she should spend no more than 28% of her gross monthly income for housing. She has determined that amount is
Jessica's financial advisor believes that she should spend no more than 28% of her gross monthly income for housing. She has determined that amount is $1400 per month. Based on this amount and her advisor's recommendation, what is Jessica's annual salary?
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Answer 60000 Explanation The annual salary of Jessica would be Let us ...Get Instant Access to Expert-Tailored Solutions
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
13th edition
1111971633, 978-1111971632
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