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Shawn has a gross income of $4,500 a month. He makes monthly payments for the following items: Credit card - $300 Car note - $350

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Shawn has a gross income of $4,500 a month. He makes monthly payments for the following items: Credit card - $300 Car note - $350 Installment loan payment - $150 Mortgage payment of - $ 1,250 Student loan payment - $450 What is Shawn's total debt to income ratio? 56% 62% 49% 43%

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