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Jake has total fixed monthly expenses of $1,300 and his gross monthly income is $3,900. What is his debt-to-income ratio? How does his ratio

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Jake has total fixed monthly expenses of $1,300 and his gross monthly income is $3,900. What is his debt-to-income ratio? How does his ratio compare to the desired ratio? Debt-to-income ratio=% (Round to the nearest integer as needed.)

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