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    Exam 2: Using Financial Statements and Budgets
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    In Order to Minimize the Difficulty Associated with Meeting Monthly
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In Order to Minimize the Difficulty Associated with Meeting Monthly

Question 132

Question 132

Multiple Choice

In order to minimize the difficulty associated with meeting monthly loan payments,the debt service ratio should be:


A) above 50%.
B) below 50%.
C) at 60%.
D) below 35%.
E) above 20%.

Correct Answer:

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