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3 Timothy Carter has net monthly income of $4,300. He has a monthly auto loan payment of $475, a student loan payment of $225, a

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3 Timothy Carter has net monthly income of $4,300. He has a monthly auto loan payment of $475, a student loan payment of $225, a mortgage payment of $1,400, and a credit card minimum payment of $70. What is his debt payments-to-income ratio? (Round your answer to 1 decimal) mn Multiple Choice O O 45.2% 16.3% 179% 39.4% 10.5%

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