With the add-on interest method, interest is calculated on the full amount of the original principal. a) True b) False Question 39 (3 points) Affan Chawdry has monthly net income of $1000. He has a mortgage payment of $350 per month, a car loan with payments of $200 per month, a Visa card with payments of $90 per month and a credit card with a local department store with payments of $160 per month. What is Affan's debt payment to income ratio? a) 1.20 Ob) 0.45 Oc) 1.60 d) 0.8