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Nicholas makes $2,000 per month. He spends $300 on credit card payments and $350 on an auto loan. What is his debt-to-income ratio?
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Nicholas makes $2,000 per month. He spends $300 on credit card payments and $350 on an auto loan. What is his debt-to-income ratio?

User Swinefeaster
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2 Answers

2 votes
The answer is 1,350 because you have to subtract.
User Josh Gao
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8.2k points
5 votes

Answer:

the true answer is 32.5. hope this helps fellas!

Step-by-step explanation:

User Brian Bruijn
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8.3k points
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