Eric Jones Develops Computer Software for a Major Company

question 90

Multiple Choice

Eric Jones develops computer software for a major company.Eric's salary and bonuses total $82,000,but he pays $29,233 in income and Social Security taxes.If Eric's annual debt repayments are $33,620,what is his debt -to-income ratio?

• A)41 percent
• B)64 percent
• C)36 percent
• D)77 percent

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Definitions:

Personality Disorder

A mental health disorder marked by long-standing patterns of behavior, thought, and personal experience that are not adaptive and vary significantly from the cultural norms of the individual's society.

Rigid

Describing an inability or unwillingness to adapt or change opinions, behavior, or actions despite new information or changing circumstances.

Interactions

Processes or actions taken by individuals or entities that affect each other.

Norepinephrine

A neurotransmitter and hormone involved in the body's fight or flight response, affecting attention and responding actions in the brain.