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23-12-2016
Mathematics

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Anthony opened three credit cards in the last year. Use the information on each credit card located in the table below to answer the question that follows. Here's a snip of the graph (Included below) What is Anthony's overall debt-to-credit ratio?

Anthony opened three credit cards in the last year. Use the information on each credit card located in the table below to answer the question that follows. Here class=

Verified Answer :

texaschic101 texaschic101

23-12-2016

(17,512.12 + 10,437.86 + 1,345.57) / (24,000 + 17,500 + 8,500) =
29,295.55 / 50,000 = 0.589511
0.589511 x 100 = 58.59% <===

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