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1) X has an annual salary of $63,000. His monthly debts include a $320 monthly...

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Finance

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1) X has an annual salary of $63,000. His monthly debts include a $320 monthly car lease payment and $280 per month student loan payment. How much would a bank be willing to lend him if he were to prequalify for a mortgage in light of the lending guidelines in the "Determining What You Can Afford" section of the chapter

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