Drews monthly net income is $4,000. What is the maximum he should use on debt payments?
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Drew’s monthly net income is $4,000. What is the maximum he should use on debt payments?
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A common rule of thumb is to keep your debttoincome ratio DTI below 36 This means that your total ...View the full answer
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Personal Finance
ISBN: 9781264101597
14th Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
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