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Mathematics 19 Online
OpenStudy (anonymous):

can someone please help. You have a credit card that has a balance of $3,589.90 and a credit limit of $5,000. How much is the balance over the acceptable debt ratio percentage?

OpenStudy (anonymous):

not sure what "acceptable debt ratio percentage" means

OpenStudy (anonymous):

ok/:

OpenStudy (pfenn1):

if 30% is an acceptable debt ratio, then multiply your credit limit by 30% and substract the balance to see how much you are over that ratio. Just an idea.....hope it helps....

OpenStudy (anonymous):

Yeah, I have no idea what the ratio is....I can fin what percentage your balance is from the limit...but I dont think that helps..

OpenStudy (anonymous):

71.8% Pls don't ask me why, I just copied it from others :")

OpenStudy (anonymous):

can you just give the percentage cause thats all there was and after that thee is this question: Using the credit card from question 13, if you have a good credit rating, how much must you pay at the end of the month to get the balance to the acceptable debt ratio percentage?

OpenStudy (anonymous):

I dont know...I feel like Im missing part of the question or info..

OpenStudy (anonymous):

A GUESS....how much is 71.8% over 30%? taking from the answers above...

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