1. What is your current debt ratio as a percentage to the nearest hundredth? 2. Which balance accrues the most interest in a mon

Question

Monica [59]

3 years ago

14

1. What is your current debt ratio as a percentage to the nearest hundredth? 2. Which balance accrues the most interest in a mon

th?

Mathematics

1 answer:

cestrela7 [59] · Answer 1 · 2021-11-29T08:29:49+03:00

cestrela7 [59]3 years ago

4 0

The current debt ratio here is 45.70%. If you add up all the debts you have 3655.65 which is 45.70% of the total of 8000.

The card that accrues the most interest is the second one, "Cred". To find those amounts multiply the rate by the balance and divide by 12.