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Experts advise that your debt payments to take home pay ratio should not exceed 20%. A homeowner has the following monthly income and expenses: Item

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Experts advise that your debt payments to take home pay ratio should not exceed 20%. A homeowner has the following monthly income and expenses: Item Value Gross salary $2,000 Taxes/social security $ 300 Visa card payments $ 35 Mastercard payments $ 30 Discover card payments $20 Auto loan payments $ 300 What is the homeowner's "debt payments to take home pay" ratio? O 23.2% O 19.3% O 22.6% None of the above

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