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WILL RATE IF CORRECT The total monthly loan payments figure Paolo will use when computing his debt safety ratio is $ ? ? > and

WILL RATE IF CORRECT
The total monthly loan payments figure Paolo will use when computing his debt safety ratio is $??>and
include his house mortgage.
Paolo's debt safety ratio is
%.
Paolo's debt safety ratio changed to 10%. His take-home pay must have
or his monthly loan payments must have
. Lenders may now be
willing to give him a loan than they were before this change.
How can periodically computing one's debt safety ratio be useful? Check all that apply.
It can serve as an early warning system of approaching financial trouble, providing time to take preventive measures.
It can influence decisions about looking for a higher- or lower-paying job.
It can influence decisions whether to return to school, if a loan will be needed to pay for it.
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