1. Juliana has monthly take home pay of $2,950. She also receives $350 per month in child support.

Juliana has the following monthly debt payments: car payment ($212), student loan payment ($220), and credit card payment to pay off past debt ($625).

Calculate Juliana's debt payment to income ratio. State as a percent and include the percent sign. (XX%)

2.

Stanley paid $800 in interest in one year on a $10,000 loan. What is the APR of the loan?

State your answer in the following way for proper grading: X%