This branch approved the montgage. Taxes are $271 a month and heating is estimated at $175. They currently have $8,600 in a joint savings account at the branch. Nelther of them contributes to an RRSP. Jesiah has ciear titte to some undeveloped property 80 miles west of Edmonton he inherited a few years ago. It is currently valued at $65,000. Eventually Jesiah would like to build a cabin on the property but realizes that this is a long term-goal. Jesiah pays about $54 a month on the taxes. Cassandra also has recently recoived an expensive painting from her grandinother valued at $17,500 with a certificate of authenticity. Jesiah, 29, has been working for RV Worid for 6 years. He grosses $82,310 annually as lead Heavy Duty Mechanic, much of this is overtime income. Jesiah has provided his Notice of Assessments for his income verification as you has requested (see attached), Cassandra, 25, is in hier last year at the U of A. Cassandra works part-time at the U of A bookstore as a cashier she has provided a salary letter, she grosses approximately $18,180 per year. Her manager informed her she was going to receive a 4% increase next month. 40 months ago Jesiah bought a F150 for $44,500 and financed it with a loan (from a competitor) for $40,100 at 4.7% for 6 years compounded monthly. What is the monthly truck payment? (1 mark) What is the balance owing today for the truck? (1 mark) The current vatue of the F150 is estimated to be $16,300. Equifax shows he has never missed a payment and confirms that there are 32 months remaining on the instaliment loan. Ratings on their credit cards from Costco ( $3,000 credit limit)R2, RBC VISA ( $3,500 credit limit) are R3, and they have a Capital One MasterCard with a R3 rating(credit limit $4,500 ). They both like the finer things in life, cards are continuously at the maximum credit limits. The do have a The Bay credit card reporting on their credit bureau with a limit of $4,500 but nothing is currently owing. Jesiah recently received an inheritance in the amount of $25,000. Currently he has it invested in a GIC. Jesiah does not want to access these funds at this time and would like the funds to remain as is. He is planning on using these funds in the future to purchase a cabin. Calcutate their assets and liablities: (Do not leave amy blank. Enter "0" if applicable.). Caiculate Net Worth from lender perspective: (1 man) In revewing their current financial situation, you would recommend that the Harritions also consolidate their coraumer detes acong with their renovation request. Calculate the consolidation loan at 5.9% for 5 years. Monthly loan payment 1 mark) Calculate Jesiah and Cassandra's GDS(use whole numbers no percentages) Calculate Jesiah and Cassandra's TDs(use whole numbers no percenteges): *it manit Do you approve the loan? yes Na (1 nuark) Rating the 5Cs of Credit