to the credit bureau and her credit applications for her home furnishings were approved. Jamie's mom Correct! It is calculated as Debt divided by income A few weeks later her first credit card bills arrive. After purchasing the appliances and furniture, her total credit card balances amounted to $4,104. The minimum payments between the two accounts total $616 a month. What is Jamie Lee's debt payments-to-income ratio? (Round answer to a whole number.)