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The total household income for the Smiths per month is AUD 9,800. They have a mortgage and requires a payment of AUD 2,700 per month

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The total household income for the Smiths per month is AUD 9,800. They have a mortgage and requires a payment of AUD 2,700 per month and a car loan that requires AUD 510 per month. What is the debtpayment ratio? Select one: A. 0.33 B. 0.25 C. 0.46 D. 0.29 E. 0.40

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