Bob would like to get his debt-to-income (DTI) ratio down to 36%. His current monthly expenses are outlined in the chart below.

Question

4 years ago

9

Bob would like to get his debt-to-income (DTI) ratio down to 36%. His current monthly expenses are outlined in the chart below.

He would like to lower his DTI by paying off some of his credit card debt, lowering his combined minimum monthly credit card payment. What would Bob's minimum monthly credit card payment need to be in order to reach his DTI goal of 36%?

Mathematics

2 answers:

a_sh-v [17] · Answer 1 · 2021-12-08T23:42:23+03:00

a_sh-v [17]4 years ago

4 0

Answer:

from my understanding the answer is 175.80

Step-by-step explanation:

Misha Larkins [42] · Answer 2 · 2021-12-09T01:13:56+03:00

Misha Larkins [42]4 years ago

4 0

Answer:

a.

$175.80

Step-by-step explanation:

just took the test