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Peter is a student. All of? Peter's disposable income is used to pay his? post-secondary education expenses. While he has no liabilities? (he is on a? scholarship), he does have a credit card that he typically uses for emergencies. He and his friend went on a shopping spree in Toronto costing $2,000?, which Peter charged to his credit card. Peter has $35 in his? wallet, but his bank accounts are empty. Peter has an old TV worth about $159. ?Peter's other assets total about $224.

Reference no: EM132390820

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