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dimaraw [331]
3 years ago
13

Richard's annual take-home pay is 28500. What is the maximum amount that he can spend per month paying off credit cards and loan

s and not be in danger of credit overload?
Mathematics
1 answer:
babymother [125]3 years ago
8 0
To answer the problem above, annual means yearly, to know the maximum amount that he can spend per month we simply divide the annual take-home pay with 12 months exactly. So 28500 / 12 = 2375. Richard can spend not more than 2375 to not be in danger of credit overload.
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