The Personal Debt Service ratio gives insight into how much cash flow is available after making monthly debt

repayments. If the Bing family has a monthly after$-$tax income of $$17,650,$ and total monthly debt repayments

that are exclusively a mortgage are $$4,350,$ what is their Personal Debt Service ratio?

$24\mathrm{.}6\%$

$24\mathrm{.}8\%$

$19\mathrm{.}5\%$

$4\mathrm{.}1$x