ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Financial experts recommend a debt/payments ratio of less than 20 percent. What is this family’s debt ratio? Credit card $140Credit card $300Credit card $100Annual take home pay $43, 200
A
25%
B
15%
C
6%
D
66%
Explanation: 
There is 1 question to complete.