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Joe Purchase a State of the art 80 Hz LED television to pay for this Television Joe borrows money from a lender the interest-rate that Joe has received on this loan is considered to be a high interest on which statement accurately portrays the situation Joe may soon find himself in

Answer :

Incomplete question. I answered from a general perspective.

Answer:

run into debt

Explanation:

It is noteworthy here that Joe decides to engage in a purchase transaction despite having limited funds. His decision to borrow would thus lead him to acquire more debt.

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