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Business, 10.09.2019 01:10 hemaam8

Louise mcintyre’s monthly gross income is $3,500. her employer withholds $820 in federal, state, and local income taxes and $370 in social security taxes per month. louise contributes $220 each month for her ira. her monthly credit payments for visa and mastercard are $125 and $120, respectively. her monthly payment on an automobile loan is $315.
a. what is louise's debt payments-to-income ratio? (enter your answer as a percent rounded to 2 decimal places.)
b. is louise living within her means?

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