Francine and Pierre have a combined monthly net income of $2,700. Their fixed monthly expenses include $220
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Question:
Francine and Pierre have a combined monthly net income of $2,700. Their fixed monthly expenses include $220 for Francine's student loan payment, and $82 for the stereo they bought last month.
Francine and Pierre would like to buy a new car. How much can they currently afford for monthly car payments and still maintain a safe debt load?
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