Ask Question
31 August, 03:47

Dave's take home pay per month is $2,200. what is the maximum dollar amount of debt payments, excluding a home mortgage, he should have?

+5
Answers (1)
  1. 31 August, 05:02
    0
    The advisable maximum amount of debt payment is 20 % of the monthly pay per month. so Dave's take home pay per month is $2,200. so the maximum dollar debt he should have would be:

    debt = 0.2 (2200)

    debt = $ 440 is the maximum debt he should have
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Dave's take home pay per month is $2,200. what is the maximum dollar amount of debt payments, excluding a home mortgage, he should have? ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers