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Grace makes $2,200 per month. She spends $300 on credit card payments, $120 per month for a fur and $450 on an auto loan. Does she have excessive debt? yes

Grace makes $2,200 per month. She spends $300 on credit card payments, $120 per month for a fur and $450 on an auto loan. Does she have excessive debt? yes
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4 votes
Grace makes $2,200 per month. She spends $300 on credit card payments, $120 per month for a fur

and $450 on an auto loan. Does she have excessive debt?
yes

Grace makes $2,200 per month. She spends $300 on credit card payments, $120 per month-example-1
User Greymatter
by
8.6k points

2 Answers

1 vote
Hai there !
Grace doesn't exceed her her excessive debt because :
300 + 120 + 450 = 870
Hope this helps :)
User Sheena Singla
by
9.2k points
4 votes
no she only spent $870
User Mrblrrd
by
8.6k points
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