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Given the following information, calculate the debt payments ratio: Liabilities = $25,000 Liquid assets = $5,000 Monthly credit payments = $800 Monthly savings = $760

Given the following information, calculate the debt payments ratio:

Liabilities = $25,000

Liquid assets = $5,000

Monthly credit payments = $800

Monthly savings = $760

Net worth = $75,000

Current liabilities = $2,000

Take-home pay = $2,300

Gross income = $3,500

Monthly expenses = $2,050

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