Bill has a take home pay of $4300 each month. He has the following monthly obligations: Rent $850, Utilities $200, Cable $150, Food $400, Car Payment $275, gas for car $160, Visa $85, Best Buy loan $75, Khol's $52, Master Card $50. What is Bill's Debt Safety Ratio? What is the suggested range for a Debt Safety Ratio? Is Bill within the suggested range?
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