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please round to the nearest cent and if you could please make sure the answer is clear thank you so much Previous Problem Problem List
please round to the nearest cent and if you could please make sure the answer is clear thank you so much Previous Problem Problem List Next Problem (6 points) Jeremy and his wife, Joanne, both work and have a combined gross income of $100000 per year. They estimate the property taxes on their condo will be $1000 and insurance would be about $1990 per year. Jeremy takes the bus to work, but Joanne has a car payment of $200 per month, and they are both still paying off student loans for a combined total of $260 per month. Use this information to answer the questions below. Express your answers rounded correctly to the nearest cent! Determine how much of a monthly mortgage Jeremy and Joanne can afford. (Use the Total Expense Ratio from your class materials.) Payment = $ fixed 65%, use Excel's PV function to determine how much house c) If the couple can get a 30-year mortgage with a they could afford Amount to Borrow = $
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