Note: Enter your answer and show all the steps that you use to solve this problem in the space provided. Solve the exponential equation.

1/16=64^4x-3

If your annual gross income is $62,000 and you have one monthly car payment of $335 and a monthly student loan payment of $225, what is the maximum house payment you can afford. consider a standard 28% front-end ratio and a 36% back-end ratio. also, to complete your calculation, the annual property tax will be $3,600 and the annual homeowner's premium will be $360.