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Louise Gendron's monthly gross income is $4000. Her employer withholds $650 in general and provincial income taxes, $194.68 towards the Canada Pension Plan, and $52.67
Louise Gendron's monthly gross income is $4000. Her employer withholds $650 in general and provincial income taxes, $194.68 towards the Canada Pension Plan, and $52.67 for EI contributions. Louise contributes $100 per month to her RRSP. Her monthly credit payments for Visa and Mastercard are $75 and $65, respectively. Her monthly payment on an automobile loan is $425.
What is Louise's debt-payment-to-income ratio? (Round your answer to 2 decimal places. Omit "%" sign in your response.)
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