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You are trying to buy a house. Your net monthly income is $2,634.37. The bank will not approve your mortgage loan if your monthly payment

You are trying to buy a house. Your net monthly income is $2,634.37. The bank will not approve your mortgage loan if your monthly payment is greater than 28% of your gross monthly income.

a.)find the maximum amount you can pay each month for your mortgage.

b.) give a calculation to show that you can afford your mortgage.

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