Rebecca and Tom Payton have decided to buy a home that costs $200,000. The Paytons can put down 20% of the home's price. They ha
ve applied for a 15-year, 9% FRM to finance the balance. They Paytons have a combined gross annual income of $70,000. Answer the following questions about the Payton's decision. What is the maximum amount the Paytons should pay each month, according to the 28% rule given in the Background Information in Day 1 of Project 2?
Katie has enough bricks because it only takes 12,948 bricks to build the wall. To get 12,948, you will multiply 332 by 39. So basically you are multiplying the width by how tall it is.
