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Ashley Prather is evaluating her debt safety ratio. Her monthly take - home pay is $ 3 , 3 2 0 . Each month, she
Ashley Prather is evaluating her debt safety ratio. Her monthly takehome pay is $ Each month, she pays $ for an auto loan, $ on a personal line of credit, $ on a department store charge card, and $ on her bank credit card.
Complete Worksheet by listing Ashleys outstanding debts, and then calculate her debt safety ratio.
Given her current takehome pay, what is the maximum amount of monthly debt payments that Ashley can have if she wants her debt safety ratio to be percent?
Given her current monthly debt payment load, what would Ashelys takehome pay have to be if she wanted a percent debt safety ratio?
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