1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kobotan [32]
3 years ago
10

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 rat

io? 17.5 percent 22 percent 2.7 percent 32.5 percent
Mathematics
2 answers:
Monica [59]3 years ago
7 0

Answer: First option is correct.

Explanation:

Since we have given that

Income of Natalie makes per month = $2000

Amount She spends on credit card payments = $100

Amount she spend on an auto loan = $250

Total debt is given by

250+100=\$350

So, Debt-to-Income ratio is given by

\frac{Debt}{Income}\times 100\\\\=\frac{350}{2000}\times 100\\\\=\frac{35000}{2000}\\\\=17.5\%

Hence, First option is correct.

umka2103 [35]3 years ago
3 0

The answer would be 17.5%

You might be interested in
What ordered pair is a solution of the equation?<br><br> y=-2x-5
ioda

\sf \underline{Answer:}

Pick any value for x, like x = 0, plug it into the equation, and get the value for y. For x = 0,

2(0) + y = 5

y = 5

The ordered pair is (0,5). Find other ordered pairs using the same reasoning.

3 0
1 year ago
Read 2 more answers
Which of the following represents the solution to the equation shown below? Show work in order to receive full credit?
Gnom [1K]

Answer:

No Solution

Step-by-step explanation:

8x+15=8x (2 times 4x equals 8x)

15=0 (Move the 8x to the other side)

No Solution (15 can't be equal to 0)

7 0
3 years ago
Is .32903 greater than 0.59
leonid [27]
No, <span>.32903 is not greater than 0.59</span>
5 0
3 years ago
Read 2 more answers
Determine the intercepts of the line.
Zarrin [17]

Answer:

x intercept: (3/2,0)

y intercept: (0,-3)

Step-by-step explanation:

4 0
3 years ago
Alex has $25 in his savings account. He needs $150 to buy a new bicycle. He plans to deposit $12.50 per week into the account un
Mice21 [21]

Answer:

150-25=125 (what he needs left)

125/12.50= 10

So it'll take him 10 weeks to finally reach that amount.

Step-by-step explanation:

4 0
3 years ago
Other questions:
  • Find the x and the area of the shape perimeter is 64.5​
    7·1 answer
  • Please Help :
    13·1 answer
  • What’s is the opposite of -5
    15·1 answer
  • Carl got $10 and bought 10 fijit spinners each one cost 1 how much did Carl spent?
    9·2 answers
  • -2•f(-6) - 7•g(-7)<br> Can someone please help me
    10·1 answer
  • Find the sum of the following two numbers: 749*96 =
    7·1 answer
  • Find the surface area of the following triangular prism.
    7·1 answer
  • Pls help I need a lot ive failed this 3 times I can't fail again ahhh please help​
    6·1 answer
  • I don't know how to solve this.Please help!<br> 3^x=2
    14·1 answer
  • Solve the value of p
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!