Onyx and their spouse are considering purchasing a larger house for their growing family. Below is a summary of their current combined income and expenses.

Combined Salary (Gross Annually)	$115,000	Monthly Mortgage Payment	$3,300
Master Card (minimum monthly payment)	$1,255	Utilities (Monthly - Heat and Electricity)	$250
Car Loan Payment (Monthly)	$450	Cable TV & Internet (Monthly)	$75
Cell-Phone Plan (Monthly)	$120	Line of Credit (minimum monthly payment)	$350
Property Tax (annual)	$4,600

What is their Total Debt Service (TDS) Ratio? (2 marks)

Question 19 options:

	66.66%
	55.49%
	60.77%
	56.40%
	54.84%

Question 20 (1 point)

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Is this an acceptable TDS? (1 mark)

Question 20 options:

	Yes, it is below 40%
	No, it is below 20%
	Yes, it is below 20%
	No, it is above 40%
	None of the others