Juan and his wife, Jean, both work and have a combined gross income of $115000 per year. They estimate the property taxes on their condo will be $1550 and insurance would be about $1800 per year. Juan takes the bus to work, but Jean has a car payment of $280 per month, and they are both still paying off student loans for a combined total of $220 per month. Use this information to answer the questions below. Express your answers rounded correctly to the nearest cent! (i) Determine how much of a monthly mortgage Juan and Jean can afford. (Use the Total Expense Ratio from your class materials.) Payment = $ (i) If the couple can get a 25-year mortgage with a fixed rate of 7.05%, use Excel's PV function to determine how much house they could afford Amount to Borrow = $