Tito recently graduated from college, purchased a car, and is working at a financial company. He has $$12,165\mathrm{.}32$ in a savings account that he plans to put toward the purchase of a house or condo.

Part D

Tito finds a small condo in the city that is near his work and costs $$105,000.$ The mortgage requires a down payment of at least $15\%$ of the purchase price. If Tito has how many months will he need to wait before he is able to consider purchasing the condo? Justify your answer. Sketch a number line illustrating your solution.

Tito would need to save for $9$ months in order to reac Part $E$ the down payment amount of $$15,750.$

Tito is now in his first month living at a new condo and is planning out his monthly budget. Some of his regular expenses are shown in the table. Tito's electric bill varies and his water bill is usually around one$-$fifth of his electric bill. After taxes, Tito's monthly take home pay is $$2,360.$ His goal each month is to have at least $$975$ left over for groceries, other expenses, and savings. How high of an electric bill and water bill can Tito afford each month and still reach this goal? Justify your answer.

$\backslash$table$[[$Monthly Expense,Amount$],[$mortgage payment,$$700$