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What is joseph debt-to-income ratio

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Reference no: EM133126071

Joseph earns $10,000 a month working at a law firm. His monthly living expenses like food and gasoline amount to $3,500. He pays $2,700 for his mortgage. He also has $900 in credit card debt and pays $1,200 toward his auto loan each month.

What is Joseph's debt-to-income ratio?

Reference no: EM133126071

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