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galina1969 [7]
2 years ago
10

Which of the following ratios is used to determine ones debt-to-income ratio?

Biology
1 answer:
HACTEHA [7]2 years ago
3 0

Answer:

The following ratios used to determine ones debt-to-income ratio is : d. 28/36

Explanation:These ratios mean that a person have enough income to handle all of his/her debts. People who involved themselves in the world of finance known as the 28/36, which stated that someone should spend maximum of 28% of gross income on total housing expense and maximum 36% on total debt service

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