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Mathematics, 14.04.2020 21:31 kyle65

David has a monthly net income of $1,360. His fixed monthly expenses consist of a rent payment of $450. He is paying off a student loan of $116 per month. David would like to buy a new television set using a credit card. What is the largest monthly payment David can afford for the television set so that his credit card payments and student loan keep him within a safe debt load of 20%?

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David has a monthly net income of $1,360. His fixed monthly expenses consist of a rent payment of $4...
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