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Jorge has a monthly gross income of $3,500, and his monthly debt payments are: $325 car payment, $290 student loan payment, $930 mortgage payment, and

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Jorge has a monthly gross income of $3,500, and his monthly debt payments are: $325 car payment, $290 student loan payment, $930 mortgage payment, and $400 credit card payment. What is his total debt-toincome ratio rounded to the nearest percent? 56% 43% 18% 31%

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