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worksheet is the first pictire there WON N00 1 2 AN INVENTORY OF CONSUMER DEBT 3 Name Date June 24, 2020 Current Latest Monthly Balance
worksheet is the first pictire there
WON N00 1 2 AN INVENTORY OF CONSUMER DEBT 3 Name Date June 24, 2020 Current Latest Monthly Balance Creditor 6 Type of Consumer Debt Due Payment 7 Auto loans 1. $ $ 8 2. 9 3. 10 Education loans 1. 11 2. 12 Personal installment loans 1. 13 2. 14 Home improvement loan 15 Other installment loans 1. 16 2. 17 Single-payment loans 1. 18 2. 19 Credit cards (retail charge li. 20 cards, bank cards, T&E 2. 21 cards, etc.) 3. 22 4. 23 5. 24 6. 25 7. 26 Overdraft protection line 27 Personal line of credit 28 Home equity credit line 29 Loan on life insurance 30 Margin loan from broker 31 Other loans 1. 32 2. 33 3. 34 Totals $ 35 36 Debt safety ratio = Total monthly payments 37 X 100 Monthly take home pay -x 100 = 0.0% SO "Leave the space blank if there is no monthly payment required on a loan (e.g., as with a 39 single payment or education loan). Use Worksheet 7.1 Every 4 months, Sean Mo takes anventory of the consumer dobits that he has outstanding. His latest taly shows that the stone $3.500 home provorento (monthly payments of $100); He is making $75 monthly payments on a personal loan with a remaning honor of $675, he has a $2.500, secured payments that's debatest he has a $75,000 home mortgage on which he's malong 5750 monthly paymentshe wes $12,100 on a new car loan (monthly payment of $575), and has 51,170 balance of MasterCard (minimum payment of $20), a $70 balance on his Exxon credit card (balance due in 30 days), and $1,300 bolonce on a persone of oudit (580 monthly met Worther 7.1 to prepare an inventory of Sean's consumer debt Round the answers to the nearest cent Currently Monthly Latest Balance Type of Consumer Debt Creditor Payment Due Auto loans 5 personal installment loans $ Home improvement loan 5 $ Single-payment loans Credit Cards Mastercard {retul age cards, bank cards, THE $ cards, etc) Personal line of credit $ Total 3 Find's debt safety ration that his tallone pay $2,500 per month. Round the answer to doma Would you consider this rabo to be good or bad? WON N00 1 2 AN INVENTORY OF CONSUMER DEBT 3 Name Date June 24, 2020 Current Latest Monthly Balance Creditor 6 Type of Consumer Debt Due Payment 7 Auto loans 1. $ $ 8 2. 9 3. 10 Education loans 1. 11 2. 12 Personal installment loans 1. 13 2. 14 Home improvement loan 15 Other installment loans 1. 16 2. 17 Single-payment loans 1. 18 2. 19 Credit cards (retail charge li. 20 cards, bank cards, T&E 2. 21 cards, etc.) 3. 22 4. 23 5. 24 6. 25 7. 26 Overdraft protection line 27 Personal line of credit 28 Home equity credit line 29 Loan on life insurance 30 Margin loan from broker 31 Other loans 1. 32 2. 33 3. 34 Totals $ 35 36 Debt safety ratio = Total monthly payments 37 X 100 Monthly take home pay -x 100 = 0.0% SO "Leave the space blank if there is no monthly payment required on a loan (e.g., as with a 39 single payment or education loan). Use Worksheet 7.1 Every 4 months, Sean Mo takes anventory of the consumer dobits that he has outstanding. His latest taly shows that the stone $3.500 home provorento (monthly payments of $100); He is making $75 monthly payments on a personal loan with a remaning honor of $675, he has a $2.500, secured payments that's debatest he has a $75,000 home mortgage on which he's malong 5750 monthly paymentshe wes $12,100 on a new car loan (monthly payment of $575), and has 51,170 balance of MasterCard (minimum payment of $20), a $70 balance on his Exxon credit card (balance due in 30 days), and $1,300 bolonce on a persone of oudit (580 monthly met Worther 7.1 to prepare an inventory of Sean's consumer debt Round the answers to the nearest cent Currently Monthly Latest Balance Type of Consumer Debt Creditor Payment Due Auto loans 5 personal installment loans $ Home improvement loan 5 $ Single-payment loans Credit Cards Mastercard {retul age cards, bank cards, THE $ cards, etc) Personal line of credit $ Total 3 Find's debt safety ration that his tallone pay $2,500 per month. Round the answer to doma Would you consider this rabo to be good or bad Step by Step Solution
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