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Mrs. DeRossett's sister goes to the bank to get a loan to purchase a new home. The bank advises that she make sure her mortgage payment does not exceed 30% of her monthly take home pay. If Mrs. DeRossett's sister makes roughly $5,000 per month, then what would be her recommended maximum monthly mortgage?



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5 votes

Answer:

1,500

Explanation:

User Alea
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