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What is your monthly gross income

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Question - Suppose that after you graduate from college, you make $35,000 per year.

a. What is your monthly gross income?

b. Using the 28/36 rule, what is the most your rent/mortgage payment should be?

c. Suppose that you have a student loan payment of $350 per month and a car payment of $250 per month, what is the most your rent/mortgage payment should be using the 28/36 rule?

Reference no: EM133095942

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