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Critical Thinking: Joe earns $800 per month. His only assets are an old truck worth $500 and a television worth $100. He rents an apartment
Critical Thinking: Joe earns $800 per month. His only assets are an old truck worth $500 and a television worth $100. He rents an apartment at $1,200 a month. He wants to buy a condominium and plans borrow $5,000 to use as a down payment. In what condition do you predict that Joe's finance be if he goes ahead with his plan? Briefly explain your
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