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Kahdir is divorced and lives in a one-bedroom condominium with his son. Kahdir's annual income is $40 000 per year. He pays bi-weekly mortgage payments
Kahdir is divorced and lives in a one-bedroom condominium with his son. Kahdir's annual income is $40 000 per year. He pays bi-weekly mortgage payments of $429.80, monthly common fees of $218, and annual property taxes of $2500. His utilities expenses average $120 per month. Calculate the percent of Kahdir's total income spent on housing costs, to the nearest percent
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