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Calculate the monthly payment and the total interest

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Reference no: EM131628097

Question: 1. Find Elizabeth Herrington's debt-to-income ratio if her fixed monthly expenses are $1,236 and her gross monthly income is $4,194.

2. Calculate the monthly payment and the total interest Hullett would have to pay if he decided to make the loan for 30 years instead of 15 years.

Reference no: EM131628097

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