3 years ago

What is the credit-to-debit ratio on the handy hardware credit card?

Mathematics

1 answer:

olga nikolaevna [1]3 years ago

7 0

The debt-to-credit ratio of a credit account is the ratio of the balance to the credit limit:

... balance/credit limit = 245.78/3500 = 0.07022... ≈ 7.02%

The appropriate choice is ...

... A.) 7.02%

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