That's for Question 6 and Question 7

-- Question 7 (5 points) The combined gross annual income of Amy and Paul is $64 800. Calculate both the Gross Service Debt and Total Service Debt ratios. According to these ratios, is this house affordable for Amy and Paul? (A) Question 6 (3 points) Amy and Paul are a young married couple with a cat, but no children. They are currently renting an apartment, but are considering buying a house. They have created the following budget based on the house they hope to purchase. (T) Amy & Paul's Budget Combined Net Income $ 4,142.00 Expenses Mortgage Property Tax House Insurance Electricity Natural Gas Heating Food TV/Phone/Internet Clothing Car Loan Payments Car Insurance Gasoline Life Insurance Travel Fund Gifts Total Expenses $ 1,205.68 $ 265.98 $ 36.42 $ 100.00 $ 50.00 $ 600.00 $ 125.00 $ 200.00 $ 745.52 $ 212.63 $ 75.00 $ 45.00 $ 200.00 $ 60.00 $ 3,921.23 Income - Expenses $ 220.77 -- Question 7 (5 points) The combined gross annual income of Amy and Paul is $64 800. Calculate both the Gross Service Debt and Total Service Debt ratios. According to these ratios, is this house affordable for Amy and Paul? (A)