Asked by Mike

The Browns’ gross monthly income is $2900. They have 12
remaining payments of $410 on a new car. What maximum monthly
payment does the bank’s loan officer feel that the Browns can afford?
Answered by drwls
You would need to know more about their other expenses to answer this question. Are you talking about a bank mortgage loan?
Answered by Mike
Its the car loan and no other expense is given this is the whole question..
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