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If your monthly net (after tax) income is $ 1500,what should be your maximum amount spent on credit payments?
a)$ 200
b)$300
c)$400
d)$500
IS B CORRECT ANSWER?THANK YOU:)))
15 years ago

Answers

Ms. Sue
I don't know of any formula that determines such numbers. It also makes a huge difference whether the credit payments are for car payments or mortgage.

Check your text to see what it recommends.

15 years ago

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