Question: Is this answer correct Problem 6-10 Analyzing a Spending Plan [LO6-4] Carl's house payment is $1,940 per month and his car payment is $484 per

Is this answer correct

Problem 6-10 Analyzing a Spending Plan [LO6-4] Carl's house payment is $1,940 per month and his car payment is $484 per month. If Carl's take-home pay is $4,200 per month, what percentage does Carl spend on his home and car? (Enter your answer as a percent rounded to 2 decimal places.) Loan payments to-income ratio 57.71 %

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