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Assume the following: Assets = $110,000 Liabilities = $70,000 Net Worth = $35,000 Monthly credit payments = $1,640 Take home pay = $8,200 What is
Assume the following:
Assets = $110,000
Liabilities = $70,000
Net Worth = $35,000
Monthly credit payments = $1,640
Take home pay = $8,200
What is the debt ratio and debt payments ratio for this individual?
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