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Problem 6-5 Calculating the Debt Payments-to-Income Ratio [LO63] Suppose that your monthly net income is $2,400. Your monthly debt payments include your student loan payment

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Problem 6-5 Calculating the Debt Payments-to-Income Ratio [LO63] Suppose that your monthly net income is $2,400. Your monthly debt payments include your student loan payment and a gas credit card. They total $720. What is your debt payments-to-income ratio? Note: Enter your answer as a percent rounded to the nearest whole number

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