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Business, 03.12.2020 05:10 PinkyUSA18

Marsha and Michael have a combined monthly net income of $3500. Their fixed monthly expenses consist of $675 for rent. They also have an outstanding loan balance of $6000 and a
balance of $1,000 for the surround sound system they bought last month. How much debt can
they take on and still be within a safe debt load for the year?

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