Question
Suppose Cedric has a monthly Best buy credit card payment of $193, motorcycle payment of $10,436, mortgage payment of $750 and credit card payment is
Suppose Cedric has a monthly Best buy credit card payment of $193, motorcycle payment of $10,436, mortgage payment of $750 and credit card payment is $246. If he takes home $3,712 monthly, what is his debt limit ratio? (Round your answer to two decimal points)
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakin
7th Global Edition
0273754440, 9780273754442
