Dave's net take-home pay per month is $2,100.What is the maximum dollar amount of debt payments,excluding a home mortgage,he should have?
A)$840
B)$420
C)$315
D)$210
E)$0

Name: Dave's net take-home pay per month is $2,100.What is the maximum dollar amount of debt payments,excluding a home mortgage,he should have? A)$840 B)$420 C)$315 D)$210 E)$0
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Question

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Financial experts often recommend that non-mortgage debt payments should not exceed 20% of net take-home pay. 20% of $2,100 is $420.

Dave's Net Take-Home Pay Per Month Is $2,100