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Question 2 Jane Doe earns $31,200 per year and has applied for an $44,715.18, 30-year mortgage at 12 percent interest, paid monthly. Property taxes

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Question 2 Jane Doe earns $31,200 per year and has applied for an $44,715.18, 30-year mortgage at 12 percent interest, paid monthly. Property taxes on the house are expected to be $4800 per year. What is her gross debt service ratio? 31% 33% 41% 37% 28% 1 pts

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