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You have the following financial information on the Haring family: Checking and savings account: $10,000...

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Accounting

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You have the following financial information on the Haring family: Checking and savings account: $10,000 Monthly after-tax income: $5,500 Total monthly expenses: $5,000 Monthly savings: $300 Monthly debt payments: $2,000 What is the Haring family's debt payment ratio? O 25% 28% 30% 36%

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