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The Adeva's gross monthly income is $3600. They have 18 remaining payments of $370 on a new car They are applying for a 15 year,

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The Adeva's gross monthly income is $3600. They have 18 remaining payments of $370 on a new car They are applying for a 15 year, 516,000 mortgage at 75% The taxes and insurance on the house are 500 per month The bank will only approve a loan that has a total monthly mortgage payment of principal, interest, property taxes, and homeowners wance that is less than or equal to 20% of the adjusted monthly income Click here for table of Monthly Payments a) Determine 28% of the Adreva's adjusted monthly income (Round to the nearest cent) b) Determine the Adeeva's total monthly mortgage payment, including principal, Interest, taxes, and homeowners Insurance (Round to the nearest cent) c) Do they quality for this mortgage? Yes No Click to select your answer(s) 2:37 PM 7/14/2000 M i o BB . Type here to search Rate 10 15 20 25 30 4.0 $10.12451 $6.05980 $5.27837 $4.77415 $7.39688 7.64993 45 10.36384 6.32649 5.55832 5.06685 5.0 10.60655 7.90794 6.59956 5.84520 5.36822 55 10.85263 8.17083 6.87887 6.14087 5.67789 6.0 11.10205 8.43857 7.16431 6.44301 5.99551 65 11.35480 7.45573 6.75207 6.32068 8.71107 8.98828 7.0 11.61085 7.75299 7.06779 6.65302 6.99215 7.5 11.87018 9.27012 8.05593 7.38991 8.0 12.13276 9.55652 7.71816 7.33765 Que 8.5 9.84740 8.36440 8.67823 8.99726 7.68913 9.0 10.14267 804623 9.5 12.39857 12.66758 12.93976 13.21507 13.49350 9.32131 10.0 10.44225 10.74605 11.05399 11 36592 11 68190 120016 10.5 8.05227 8.39196 8.73697 9.08701 9.44182 9.80113 10.16469 10.53224 8.40854 8.77572 9.14739 9.52323 9.90291 9.65022 9.98380 10.32188 10.66430 11 066 11.0 13.77500 1405954 1434709 115 120 10.28613 Print Done The Adeeva's gross monthly income is $3600. They have 18 remaining payments of 5370 on a new car They are applying for a 15 year, 516,000 mortgage at 75% The taxes and insurance on the house are 5450 per month Th bank will only approve a loan that has a total movilily mortgage payment of principal, interest, property taxes, and homeowners Insurance that is less than or equal to 20% of the adjusted monthly income Click here for table of Monthly Payments a) Determine 28% of the Adeeva's adjusted monthly income (Round to the nearest cent) b) Determine the Adeeva's total monthly mortgage payment, incading principal, Interest, taxes, and homeowners Insurance (Round to the nearest cent) c) Do they quality for this mortgage? Yes O No The Adeva's gross monthly income is $3600. They have 18 remaining payments of $370 on a new car They are applying for a 15 year, 516,000 mortgage at 75% The taxes and insurance on the house are 500 per month The bank will only approve a loan that has a total monthly mortgage payment of principal, interest, property taxes, and homeowners wance that is less than or equal to 20% of the adjusted monthly income Click here for table of Monthly Payments a) Determine 28% of the Adreva's adjusted monthly income (Round to the nearest cent) b) Determine the Adeeva's total monthly mortgage payment, including principal, Interest, taxes, and homeowners Insurance (Round to the nearest cent) c) Do they quality for this mortgage? Yes No Click to select your answer(s) 2:37 PM 7/14/2000 M i o BB . Type here to search Rate 10 15 20 25 30 4.0 $10.12451 $6.05980 $5.27837 $4.77415 $7.39688 7.64993 45 10.36384 6.32649 5.55832 5.06685 5.0 10.60655 7.90794 6.59956 5.84520 5.36822 55 10.85263 8.17083 6.87887 6.14087 5.67789 6.0 11.10205 8.43857 7.16431 6.44301 5.99551 65 11.35480 7.45573 6.75207 6.32068 8.71107 8.98828 7.0 11.61085 7.75299 7.06779 6.65302 6.99215 7.5 11.87018 9.27012 8.05593 7.38991 8.0 12.13276 9.55652 7.71816 7.33765 Que 8.5 9.84740 8.36440 8.67823 8.99726 7.68913 9.0 10.14267 804623 9.5 12.39857 12.66758 12.93976 13.21507 13.49350 9.32131 10.0 10.44225 10.74605 11.05399 11 36592 11 68190 120016 10.5 8.05227 8.39196 8.73697 9.08701 9.44182 9.80113 10.16469 10.53224 8.40854 8.77572 9.14739 9.52323 9.90291 9.65022 9.98380 10.32188 10.66430 11 066 11.0 13.77500 1405954 1434709 115 120 10.28613 Print Done The Adeeva's gross monthly income is $3600. They have 18 remaining payments of 5370 on a new car They are applying for a 15 year, 516,000 mortgage at 75% The taxes and insurance on the house are 5450 per month Th bank will only approve a loan that has a total movilily mortgage payment of principal, interest, property taxes, and homeowners Insurance that is less than or equal to 20% of the adjusted monthly income Click here for table of Monthly Payments a) Determine 28% of the Adeeva's adjusted monthly income (Round to the nearest cent) b) Determine the Adeeva's total monthly mortgage payment, incading principal, Interest, taxes, and homeowners Insurance (Round to the nearest cent) c) Do they quality for this mortgage? Yes O No

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