Natalie makes 2000 per month she spends 100 on credit card payments and 250 on an auto loan what is her debt to income ratio

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asked Jul 4, 2019 75.4k views

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Adaz · Answer 1 · 2019-07-11T02:44:48+0000

ANSWER — 350 : 2000 or 7 : 40 (simplified version)

Solving: 100+250=350 (the loan part).

The income is given, it the amount Natalie makes per month (2000).

Simplifying: 350/50=7, 2000/50=40

Natalie makes 2000 per month she spends 100 on credit card payments and 250 on an auto loan what is her debt to income ratio

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