Question: Question 8 4 pts Tedd E. Bear has an annual salary of $48,000 with one loan outstanding, his car loan with a monthly payment of

Question 8 4 pts Tedd E. Bear has an annual salary

Question 8 4 pts Tedd E. Bear has an annual salary of $48,000 with one loan outstanding, his car loan with a monthly payment of $420. Using the 33% guideline from class and with a 20% down payment, how expensive of a home can Tedd purchase using a 5%, 30 year mortgage? $209,566 $203,663 $ 201,184 O $187,653

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