Using your anticipated entry-level take-home pay, calculate the maximum nonmortgage debt payment that you cansafely handle. What

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Using your anticipated entry-level take-home pay, calculate the maximum non­mortgage debt payment that you cansafely handle. What are the implications given your actual or anticipated debt for credit cards, auto loan, or school loans? Can you afford additional borrowing for furniture, appliances, travel, or other needs? Assume that take-home pay would be 75 percent of projected gross salary.

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