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SAT, 02.11.2020 22:00 vanessacox45

Ramon just got a new job as a bank loan officer. His gross income is $50,000 a year with a net income of $36,000. He has 2 current loans totaling $4,500 with monthly payments of $200. He
wants to buy a new boat worth $15,000. He will put $10,000 and get a loan for the rest. Can he do
this without going too much in debt? (Show math)

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