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. Sam has take-home pay of $2,800 and makes payments of $650 on his consumer loans (excluding the mortgage payment of $600). What is Sams
. Sam has take-home pay of $2,800 and makes payments of $650 on his consumer loans (excluding the mortgage payment of $600). What is Sams debt safety ratio? If Sam wants his debt safety ratio to be 12 percent, what is the maximum his monthly payments can be? If Sam plans on maintaining his current debt level, what is the amount of take-home pay he needs to have a 12% debt safety ratio?
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