Question
Calculate the DTI ratio (in percent) for a borrower who has a gross monthly income of $4,975 and has a minimum credit card bill of
Calculate the DTI ratio (in percent) for a borrower who has a gross monthly income of $4,975 and has a minimum credit card bill of $135, a car lease payment of $256.78, and a student loan payment of $216, and who is applying for a loan with a monthly payment of $2,041.79.
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Business Statistics In Practice
Authors: Bruce Bowerman, Richard O'Connell
6th Edition
0073401838, 978-0073401836
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