Question

You hAve a credit card that has a balance of 3589.90 and a credit limit of 5,000.00 how much is the balance over the acceptable debt ratio percentage

Answer 1

answer choices:

$981.88
$1,010.24
$935.09
$1,089.90

Answer 2

I did a quick search on this problem, and I believe they want you to use 0.5 as the acceptable debt ratio

0.50 * 5,000.00 = 2,500, which is the "acceptable" upper limit for how much you want to spend on this credit card/month

3589.90 is the current balance, which is already over 2500

3589.90 - 2500 should give you the amount over the acceptable limit