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Sagot :
The total debt from all loans should not exceed 36 percent of the gross monthly salary.
What do you mean by Loan?
A loan refers to the money provided to another party in exchange for the repayment of the principal amount including interest.
The total debt from all loans should not exceed about 36 percent of the gross monthly salary.
Therefore, the total debt from all loans should not exceed 36 percent of the gross monthly salary.
Learn more about Loan here:
https://brainly.com/question/7299838
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