Question
If your car payment is $553 per month, your minimum credit card payment is $1300, your mortgage is $2700 per month, and your after-tax monthly
If your car payment is $553 per month, your minimum credit card payment is $1300, your mortgage is $2700 per month, and your after-tax monthly income is $5800, what is your debt payment ratio?
Group of answer choices
69.0%
100%
34.5%
78.5%
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
12th Edition
1260772160, 978-1260772166
