Question

Sabina makes $2,000 per month. She spends $300 on credit card payments and $450 on an auto loan. Does she have excessive debt? Yes, because her debt-to-income ratio is higher than 36 percent. No, because her debt-to-income ratio is lower than 36 percent. No, because her debt-to income ratio lower than 42 percent. Yes, because her debt-to-income ratio is 50 percent.

Answer 1

I don't know about business studies