Rafael takes home $4200 per month. what is the maximum amount he can

spend each month on loan and credit card payments without being in danger

of credit overload?

A bad debt ratio of more than 10% is considered high and often is a sign that you are in danger of credit overload. So, I'd $420 is the maximum amount he can spend on credit card payments and loan each month.

Step-by-step explanation:

Let's clear this with an example:

Rafael makes $4,200 a month and let's say he spends $550 on credit card payments and $450 on an loans.

Then, the ratio calculation would be $1000 / $4,200 = 0.24

Multiply that by 100 for a debt-income-ratio of 24%.

In this example, Rafael spends almost a quarter of his income on debt which is considered bad debt in economics.

answer: 0,6

step-by-step explanation:

this would make it the y intercept.

a.   we have two

lines:   y = 4-x   and  

y = 8-x^-1

given two simultaneous equations that are both to be

true, then the solution is the points where the lines cross. the intersection is

where the two equations are equal. therefore the solution that works for both

equations is when

4-x = 8-x^-1

this is where the two lines will cross and that is the

common point that satisfies both equations.

b.   4-x = 8-x^-1

  x           4-x       8-x^-1

-3           7        

8.33

-2           6         8.5

-1           5         9

  0           4        

-

  1           3        

7

  2           2        

7.5

  3           1         7.67

the table shows that none of the x values from -3 to 3 is

the solution because in no case does

4-x = 8-x^-1

to find the solution we need to rearrange the equation to

find for x:

4-x = 8-x^-1

multiply both sides with x:

4x-x^2 = 8x-1

x^2+4x-1=0

x= -4.236, 0.236

therefore there are two points that satisfies the

equation.

find y:  

x=-4.236

y = 4-x   = 4 – (-4.236)

= 8.236

y = 8-x^-1 =   .236)^-1

= 8.236

x=0.236

  y = 4-x   = 4 – (0.236) = 3.764

y = 8-x^-1 =   8-(0.236)^-1

= 3.764

thus the two lines cross at 2 points:

(-4.236, 8.236) & (0.236, 3.764)

c.   to solve

graphically the equation 4-x = 8-x^-1

we would graph both lines: y = 4-x   and   y

= 8-x^-1

the point on the graph where the lines cross is the

solution to the system of equations.

just graph the points on part b on a cartesian coordinate

system and extend the two lines.   the

solution is, as stated, the point where the two lines cross on the graph.

step-by-step explanation:

mark brainliest!