Use worksheet 61 natalie fry is evaluating her debt safety


Use worksheet 6.1 Natalie fry is evaluating her debt safety ratio how monthly take home pay is $3,320 each month she pays $380 for an auto loan $120 on a personal line of credit $60 on a department store charge card and $85 on her bank credit card complete worksheet 6.1 by listing Natalie's outstanding debts and then calculate her debt safety ratio. Given her current take home pay what is the maximum amount of monthly debt payments that Natalie can have if she wants her debt safety ratio to be 12.5% debt safety ratio.

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Financial Management: Use worksheet 61 natalie fry is evaluating her debt safety
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