Compute the debt to credit ratio for a young man named John. He currently has a $15,000 car loan, $100,000 house loan and $3,000 in credit card debt. His total available credit is $134217. Write your answer as a decimal that is accurate to two decimal places.

Answer rating: 100% (QA)

To compute Johns debttocredit ratio we first need to calcu... View the full answer