Problemelena is in the 28 percent bracket and has the, Ask an Expert

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Elena is in the 28 percent bracket and has the following real estate and non-real estate realted costs Nonmortgage interest and principal $4,000 Mortgage Interest 15000 Mortgage principal 7000 Real estate taxes 8000 Homeowners insurance expense 2000 Net salary 70000

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Question: Calculate total debt as a percentage of income.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91168237

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