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Kalani has these monthly liabilities: rent $879, car payment $315, credit card payment $102. She has an annual
income of $96,448. What is her debt-to-Income ratio, expressed as a percent?

Respuesta :

samuelonum1

Answer:

1.34%

Step-by-step explanation:

Given data

Rent =$879

Car payment =$315

Credit card payment= $102

Annual Income= $96,448

In all the  debt  is

=879+315+102

=$1296

Hence the debt to  income ratio is

=1296/96,448

=0.0134

As percent

=0.0134*100

=1.34%

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