Business, 03.01.2020 06:31 desirekotta20

5. valerie takes home $45,000 per year from her job as a computer repairperson. her only debt obligations

are a car loan payment of $405 and a credit card payment of $110 every month. valerie go through the

steps to see if she is in danger of credit overload.

part 1: how much money does valerie take home per month?

part 2: what is 20% of valerie’s monthly take-home pay?

part 3: how much does valerie spend in total every month toward paying off her debt?

part 4: which is greater 20% of valerie’s monthly take-home pay or the amount valerie spends in total every month toward paying off her debit?

part 5: is valerie in danger of credit overload?

Answers: 3

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5. valerie takes home $45,000 per year from her job as a computer repairperson. her only debt obliga...

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