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3 years ago

The target maximum rate for debt ratio is _____. 30% 25% 50% 80%

2 answers:

8 0

25% is the suggested maximum rate that the experts and financial advisers recommend especially <span>If you’re looking to open new credit card account.</span>

yulyashka [42]3 years ago

6 0

Answer: The answer is 25%.

Step-by-step explanation: We are given to select the correct option for the target maximum rate for debt ratio.

If we want to open new credit card accounts, there is no industry standard for debt-to-credit ratios.

However, many financial advisers recommend to keep the ratio to 25 percent or less to receive the best card offers, including low-interest rates.

Therefore, the complete statement is

"The target maximum rate for debt ratio is <u>25%."</u>

Thus, the correct option is (b) 25%.

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A spherical tank has a capacity of 800 gallons. Using the fact that 1 gallon is about 0.1337 ft3, find the radius of the tank (t

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