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Mathematics, 30.08.2019 02:00 0Brittany0
Ralph is thinking of switching jobs. he want to make sure that his new salary maintains a debt-to-income (dti) ratio of at most 36%. his dti ratio is currently 29% with a gross monthly income of $3,700. what minimum gross monthly income will ralph need to maintain a dti ratio of 36%?
a.
$1,073.00
b.
$1,332.00
c.
$2,980.56
d.
$3,862.80
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Answers: 2
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