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You just graduated and accepted the job of your dreams. You will be making $5,600 a month and renting an apartment that will cost you

You just graduated and accepted the job of your dreams. You will be making $5,600 a month and renting an apartment that will cost you $1,110 a month. You have no other debt.

a. What amount can you afford for a car payment?

Car Payment Amount_________/month

b. What amount can you afford for a car payment if you also have a student loan payment of $410 a month and credit card payments of $360 a month?

Car Payment Amount________/month

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