Question
Sigourney and Sergio are applying for a $25,000 unsecured line of credit have for emergency purposes. Their monthly payments include their mortgage of $2,000, their
Sigourney and Sergio are applying for a $25,000 unsecured line of credit have for emergency purposes. Their monthly payments include their mortgage of $2,000, their condo fees of $300, and their heating expense of $100. Their property taxes are $3,600 per year. Sergio has a student loan that he pays $500 per month towards. Sigourney and Sergio earn annual gross salaries of $50,000 and $85,000, respectively. What is the couple's TDSR? Submit your answer without percentage signs to two decimal places. For example, 35% should be entered as "35.12
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