Question

Natalie makes $2,000 per month. She spends $100 on credit card payments and $250 on an auto loan. What is her debt-to-income ratio?

Answer 1

7:40 because you add 250 and 100 to make 350 which yiu put in the ratio to make 350:2000. When this is cancelled down it makes 7:40

Answer 2

he's wrong for any one who looks this up it is 17.5%