Ask Question
6 February, 06:36

Find Malcolm's debt-to-income ratio if his monthly expenses are $975 and his monthly salary is $1200.

Question 8 options:

a) 1.23

b) 0.795

c) 0.75

d) 0.8125

+5
Answers (2)
  1. 6 February, 07:00
    0
    Answer: D. 0.8125

    Step-by-step explanation: His expenses is $975, and his salary is $1200. Divide the expenses by the salary to find the debt-to-income ratio.

    975/1200 = 0.8125

    The debt-to-income ratio is 0.8125.
  2. 6 February, 10:03
    0
    d) 0.8125

    Step-by-step explanation:

    Malcolm's debt-to-income ratio is 0.8125 if his monthly expenses are $975 and his monthly salary is $1200.

    All you have to do is divide monthly expenses by the monthly salary.

    975 : 1200 = 0.8125
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Find Malcolm's debt-to-income ratio if his monthly expenses are $975 and his monthly salary is $1200. Question 8 options: a) 1.23 b) 0.795 ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers