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Louise Gendrons monthly gross income is $5,700. Her employer withholds $855 in federal and provincial income taxes, $228.68 towards the Canada Pension Plan, and $86.67

Louise Gendrons monthly gross income is $5,700. Her employer withholds $855 in federal and provincial income taxes, $228.68 towards the Canada Pension Plan, and $86.67 for EI contributions. Louise contributes $270 per month to her RRSP. Her monthly credit payments for Visa and MasterCard are $92 and $82, respectively. Her monthly payment on an automobile loan is $510. a. What is Louises debt-payments-to-income ratio?

Debt paymentstoincome ratio %

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