Business, 26.03.2020 05:23, maevemboucher78

1. 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%?

Answers: 1

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