Blake earns $3,200 each month. He pays $600 per month for housing, $300 per
month for a car loan, and $150 per month in
other debt payments. Find Blake's debt-to-
income ratio to the nearest tenth of a
percent.
A. 32.8%
B. 32.1%
C. 33.9%
D. 33.4%

A. 32.8%

Step-by-step explanation:

Blake's incomes are $3,200 each month.

His debts are:

$600 per month for housing

$300 per  month for a car loan

$150 per month in  other debt payments

Total payments: $600+$300+$150=$1,050

The debt-to-income ratio is calculated by:

r = 32.8%

you would need to also lose 1 point for each of the other outcomes for it to be fair.

step-by-step explanation:

step-by-step explanation:

we have

using a graphing tool

see the attached figure

this is a quadratic equation (vertical parabola) open up

the vertex is a > vertex

the domain of the function is all real > interval (-∞,∞)

the range of the function is the > [-6.125,∞)

the function has two x->   and

the function is increasing over the > (0.25,∞)

the function is decreasing over the > (-∞,0.25)