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v Saved Chapter 6 HW 3 Kim is trying to decide whether she can afford a loan she needs in order to go to chiropractic
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Saved Chapter 6 HW 3 Kim is trying to decide whether she can afford a loan she needs in order to go to chiropractic school. Right now Kim is living at home and works in a shoe store, earning a gross income of S1590 per month. Her employer deducts $214 for taxes from her monthly pay Kim also pays $130 on several credit card debts each month. The loan she needs for chiropractic school will cost an additional $160 per month Help Kim make her decision by calculating her debt payments-to-income ratio with and without the college loan Remember the 20 percent rule) (Enter your answers as a percent rounded to 2 decimal places.) Debt Payments to Income Ratio ebook Ratio with college loan Ratio without college loan D P Step by Step Solution
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