Question 84 (1 point) The Marshalls have a combined family income of about $60,000 a year. They also have an outstanding car loan for $8,000 that they are paying at $350 a month. They are about to buy a new house. The property taxes on similar houses in the neighborhood where they would like to live run about $1,224 a year and the house are generally selling for about $150,000. Their estimated yearly heating bills are $900. Their local bank is offering 5-year mortgages at 8% and has a 35% total debt service guideline. If the Marshalls choose a mortgage with a monthly payment of $948, how much will their gross debt service be? a) 5.7% b) 19.0% c) 22.5% d) 29.5%