Answer
False
Work Step by Step
The statement in the exercise is false. We can make changes to produce a true statement, as follows:
Financial advisers suggest that we spend no more than 28% of our gross monthly income for a mortgage payment.
Thinking Mathematically (6th Edition)
by Blitzer, Robert F.
Published by
Pearson
ISBN 10:
0321867327
ISBN 13:
978-0-32186-732-2
Chapter 8 - Personal Finance - 8.7 The Cost of Home Ownership - Concept and Vocabulary Check - Page 555: 4
Update this answer!
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.
