Given the following information, calculate the debt payments ratio: Liabilities = $24,500 Liquid assets = $4,900 Monthly credit payments = $800 Monthly savings = $760 Net worth = $72,500 Current liabilities = $1,600 Take-home pay = $2,300 Gross income = $3,500 Monthly expenses = $2,040

Select one:

a. 33.79%

b. 3.06%

c. 2.40%

d. 34.78%

e. 21.71%