Business, 30.11.2020 22:50 keke515

Jim has an annual salary of $96,000. His monthly expenses include a $2,500 mortgage payment, a $250 lease payment, $500 in minimum credit card payments, and a $425 payment on his speed boat. He also receives $1,200 in interest from his savings and other accounts each month. Calculate Jim’s DTI (debt-to-income) ratio.

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Jim has an annual salary of $96,000. His monthly expenses include a $2,500 mortgage payment, a $250...