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If Your Total Debts Exceed 33 Percent of Your Net

question 69

True/False

If your total debts exceed 33 percent of your net worth (equity) you are seriously overindebted.


Definitions:

Eukaryotes

Organisms whose cells contain a nucleus and other organelles enclosed within membranes, contrasting with prokaryotes, which lack a membrane-bound nucleus.

Protists

A diverse group of eukaryotic microorganisms, which are not plants, animals, or fungi, ranging from amoebas to algae, and can be either single-celled or multicellular.

Simplest

Referring to the most basic or least complicated form, condition, or version.

Red Algae

Aquatic plants belonging to the phylum Rhodophyta, known for their reddish coloration due to phycoerythrin pigments.

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