Kenneth earns $6500 per month. His monthly expenses include $960 in rent. $970 in recreational expenses, $480 in food, $

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899604
Joined: Mon Aug 02, 2021 8:13 am

Kenneth earns $6500 per month. His monthly expenses include $960 in rent. $970 in recreational expenses, $480 in food, $

Post by answerhappygod »

Kenneth Earns 6500 Per Month His Monthly Expenses Include 960 In Rent 970 In Recreational Expenses 480 In Food 1
Kenneth Earns 6500 Per Month His Monthly Expenses Include 960 In Rent 970 In Recreational Expenses 480 In Food 1 (11.01 KiB) Viewed 23 times
Kenneth earns $6500 per month. His monthly expenses include $960 in rent. $970 in recreational expenses, $480 in food, $350 in auto payments, $260 in gas and maintenance, $600 in student loan repayments, $300 in credit card payments, and $1870 in miscellaneous expenses. What is Kenneth's debt to income ratio? 19%. O 34%. O 39%. 18%.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”