Register

Nicholas makes $2,000 per month. He spends $300 on credit card payments and $350 on an auto loan. What is his debt-to-income ratio?

Nicholas makes $2,000 per month. He spends $300 on credit card payments and $350 on an auto loan. What is his debt-to-income ratio?
asked 147k views
5 votes
Nicholas makes $2,000 per month. He spends $300 on credit card payments and $350 on an auto loan. What is his debt-to-income ratio?

asked
User Swinefeaster
by
8.6k points

2 Answers

2 votes
The answer is 1,350 because you have to subtract.
answered
User Josh Gao
by
7.9k points
5 votes

Answer:

the true answer is 32.5. hope this helps fellas!

Step-by-step explanation:

answered
User Brian Bruijn
by
8.3k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Several United States Presidents committed military troops to serve in Vietnam in an effort to a. react to violations of United States neutrality. b. support the policy of containment. c. oppose the Chinese
What research Is currently being done on moon rocks?
I need help really quickly can someone help me with the truth table
Link Copied!