Question

Continuing the consumer math homework questions @Loser66

Answer 1

So am I right so far? Is there anything you want to suggest?

Answer 2

498*(1/12)*.15=6.23
6.23+498=504.23

Answer 3

504.23-35=469.23
469.23/900=52.14%

Answer 4

@Loser66 Hello?

Answer 5

So that math I did is for the month of January, and that is apparently not the answer because the ratio exceeds 50%.

Answer 6

January is incorrect because the debt ratio>50%

And actually the question is asking for it to be below 50%.

Answer 7

I used the wrong rate didn't I? I had a feeling .15 is incorrect.

Answer 8

Yes but it's is asking for what it is at the end of the month.

Answer 9

Why?