Question

Please give me a hand! I don't understand this question!

Answer 1

5) a) You have a credit card that has a balance of $2,128.60 and a credit limit of $4,000. How much is the balance over the acceptable debt ratio percentage? *

Answer 2

@Mehek14? @Ashleyisakitty @jabez177?

Answer 3

Is the acceptable debt % 30%...???

Answer 4

If not then you need to post more information before anyone can help.

Answer 5

If it's 30%, work out 30% of the total credit limit.

Compare that number to the credit card balance. Use subtraction.

Answer 6

@agent0smith My teacher didn't really specify what the acceptable range is.

Answer 7

If you're in the class and you don't even know, then it's not like we're going to know.