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  3. ted has monthly mortgage payments of $1,200, annua

Ted has monthly mortgage payments of $1,200, annual property taxes of $2,400, semi-monthly car payments...

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Ted has monthly mortgage payments of $1,200, annual property taxes of $2,400, semi-monthly car payments of $250 and minimum credit card payments of $100 each month. His gross pay is $90,000 and his take-home pay is $61,700. Ted's GDS and TDS ratios are: GDS = 26.7%; TDS = 18.7% GDS = 18.7%; TDS = 26.7% GDS = 27.2%; TDS = 34.4% GDS = 38.9%; TDS = 40.9% None of the above

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