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Tedd E. Bear has an annual salary of $84,000 with one loan outstanding, his car loan with a monthly payment of $710. Using the 33%
Tedd E. Bear has an annual salary of $84,000 with one loan outstanding, his car loan with a monthly payment of $710. Using the 33% guideline from class and with a 20% down payment, how expensive of a home can Tedd purchase using a 4\%, 30-year mortgage? $391,826 $402166 $418,923 $435,644
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