You have a credit card that has a balance of $3,589.90 and a credit limit of $5,000. If you have a good credit rating, how much must you pay at the end of the month to get the balance to the acceptable debt ratio percentage?
Secured Unsecured
Credit APR (%) APR (%)
Excellent 4.75 5.50
Good 5.00 5.90
Average 5.85 6.75
Fair 6.40 7.25
Poor 7.50 8.40
$1,307.43
$1,107.55
$979.63
$1,004.21
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