In order to minimize the difficulty associated with meeting monthly loan payments, the debt service ratio should be __________.

1 answer:

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In order to minimize the difficulty associated with meeting monthly loan payment, the debt service ratio should be : Below 35 %

This Ratio showed that your annual monthly income still able to cover up your loan payments after considering your housing and other expenses for your daily lives

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Answer:

The item that would cause the trial balance to not balance is:

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