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Suppose that your gross annual income is $ 6 0 , 0 0 0 . ( 1 0 points total ) a ) What is

Suppose that your gross annual income is $60,000.(10 points total)
a) What is the maximum amount you should spend each month on a mortgage payment according to financial advisors? (5 points)
b) What is the maximum amount you should spend each month for total credit obligations according to financial advisors? (5 points)
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