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Question ( 5 - 0 1 2 ) WME You are trying to calculate a client's TDS to see if they qualify for a mortgage.

Question

(5 - 012)

WME

You are trying to calculate a client's TDS to see if they qualify for a mortgage. They have $

36, 000

in credit card debt outstanding. The credit card's maximum authorized limit is $

40, 000 .

If you have not been given a monthly payment amount, what amount should you use?

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