Brian Southard has a monthly take-home pay of $1,685; he makes payments of $410 a month on
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Brian Southard has a monthly take-home pay of $1,685; he makes payments of $410 a month on his outstanding consumer credit (excluding the mortgage on his home). How would you characterize Brian’s debt burden? What if his take-home pay were $850 a month and he had monthly credit payments of $150?
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Brian Southards debt burden can be characterized differently based on ...View the full answer
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Related Book For 
Personal Financial Planning
ISBN: 9781439044476
12th Edition
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
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