arl’s house payment is $1,270 per month and his car payment is $465 per month. If Carl's take-home pay is $4,200 per month, what percentage does Carl spend on his home and car? (Enter your answer as a percent rounded to 2 decimal places.)

arl’s house payment is $1,270 per month and his car payment is $465 per month. If Carl's take-home pay is $4,200 per month, what percentage does Carl spend on his home and car? (Enter your answer as a percent rounded to 2 decimal places.)

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter10: Individuals: Income, Deductions, And Credits

Section: Chapter Questions

Problem 16P

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Carl’s house payment is $1,270 per month and his car payment is $465 per month. If Carl's take-home pay is $4,200 per month, what percentage does Carl spend on his home and car? (Enter your answer as a percent rounded to 2 decimal places.)

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