Savings account toward a down payment on their home purchase

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Jamie Lee and Ross are estimating that they will be putting $40,000 from their savings account toward a down payment on their home purchase. Using the traditional financial guidelines suggestion of "two and a half times your salary plus your down payment calculate approximately how much Jamie Lee and Ross can spend on a house.

Reference no: EM13876186

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Savings account toward a down payment on their home purchase : Jamie Lee and Ross are estimating that they will be putting $40,000 from their savings account toward a down payment on their home purchase. Using the traditional financial guidelines suggestion of "two and a half times your salary plus your down pay..
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