Jorge has a monthly gross income of $3,500, and his monthly debt payments are: $325 car payment,

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Jorge has a monthly gross income of $3,500, and his monthly debt payments are: $325 car payment, $290 student loan payment, $930 mortgage payment, and $400 credit card payment. What is his total debt-to-income ratio rounded to the nearest percent?

Related Book For answer-question

Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0134141084

11th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs

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Posted Date: Mar 15, 2023 05:18 AM

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Jorge has a monthly gross income of $3,500, and his monthly debt payments are: $325 car payment,

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Jorges total monthly debt payments are 325 290 930 400 1945 To ... View the full answer

Contemporary Business Mathematics with Canadian Applications

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