Tali has opened two credit cards in the last year. Use the information on each credit card located in the table below to answer the question. Account Name Account Number Date Opened Balance Past Due Account Status Credit Limit Credit Card A xxxx 3/4/11 $4,198.60 $0.00 PAYS AS AGREED $8,500 Credit Card B xxxx 5/5/11 $3,114.82 $0.00 PAYS AS AGREED $9,000 What is Tali’s overall debt-to-credit ratio? 34.61% 84.01% 41.79% 49.40%
Someone please help me out!!!!!!=D
Someone Please help me out please!!!!!!!!!!
I think you add up how much he owes, and divide that by the sum of his credit limits then change to a percent by multiplying by 100
but it doesn't say how much he owes.??
The Balance is how much he owes
THank you =D i got 41.79%
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