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Question: your monthly salary after tax is dollar3000 you have the...

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Your monthly salary (after tax) is $3,000. You have the following outgoings: Rent $800 per month; Food $210 per week; phone contract $24 per month; car loan payment $120 per week ($80 principal and $40 interest); TV loan payments of $250 per month (consisting of $110 interest and $140 principal). What is your Debt Service Ratio?

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