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lanning #1 (similar to): Mortgage Payme Question Help Mortgage Payment. Dorothy and Matt are ready to purchase their first home. Their current monthly cash inflows

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lanning #1 (similar to): Mortgage Payme Question Help Mortgage Payment. Dorothy and Matt are ready to purchase their first home. Their current monthly cash inflows are $5,400, and their current monthly cash outflows are $3,885. Their rent makes up $702 of their cash outflows. They would like to put 10% of their cash inflows in savings and put another $216 per month in their checking account for emergencies. How much of a mortgage payment can they manage under these conditions? Under these conditions, they can manage a mortgage payment of S nearest dollar.) (Round to the

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