Mathematics
Mathematics, 14.01.2020 11:31, live4dramaoy0yf9

John just moved out of state and, in doing so, had to take a salary cut. at his previous job, his annual salary was $47,000 and his monthly expenses included a $850 rent payment, a $325 car payment, and $375 in minimum credit card payments. his new job has a salary of $43,500. he has the same car payment and minimum credit card payments, but his new apartment costs a mere $625 per month. how did john's move affect his debt-to-income (dti) ratio?

a. john's dti ratio decreased by 3%.

b. john's dti ratio increased by 3%.

c. john's dti ratio decreased by 9%.

d. john's dti ratio increased by 9%.

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Answers: 2

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John just moved out of state and, in doing so, had to take a salary cut. at his previous job, his an...

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