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April 20, 2014

Homework Help: Quantitative Methods of Business

Posted by Pamela on Monday, October 26, 2009 at 2:20pm.

Karl's monthly expenses are $3,000. Of this 1/4 is for the mortgage payment, 1/8 is for credit cards, 2/5 if for the car payment, and the rest is for food and miscellaneous expenses. What is the amount of Karl's car payment?

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