Your Full-Time Job Pays You a Bi-Weekly Salary of $2963

Multiple Choice

Your full-time job pays you a bi-weekly salary of $2963.56. In addition to this position you have been working part-time for the last 15 months and earn $500 semi-monthly. You have other payments that total $14 400 per year. What is the maximum monthly amount that your payments can be towards a house purchase? Assume that property taxes and heating costs are included in the $14 400.

A) $2844.42
B) $3488.42
C) $2488.42
D) $1961.42
E) none of the above