Credit counselors often advise individuals to limit their consumer credit (not including home mortgages) to
A)
about 20% of take-home pay.
B)
an amount no greater than 20% of total assets.
C)
about 50% of long-term debt.
D)
an amount that leaves 50% of their discretionary income flexible.
A
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Which of the following statements about trust fund plans is (are) true? I. The trustee typically purchases annuities for retiring employees. II. The trustee guarantees the adequacy of the fund to pay the promised benefits
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