174k views
3 votes
Your credit card has a limit of $4,925. To maintain an acceptable debt ratio (50%), what is the maximum balance you can have on the card?

User JakeRobb
by
3.9k points

1 Answer

0 votes
2462.5 half of 4925 50% is 1/2 mean divisions by 2
User Jpe
by
4.9k points