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You have applied for a loan with a PITI of $1425 per month. You have $725 in other LTO. Your gross annual income is $73,000.
You have applied for a loan with a PITI of $1425 per month. You have $725 in other LTO. Your gross annual income is $73,000. What is your back end ratio?
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To calculate the backend ratio we need to consider all of your monthly debts ...
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
