Question

You have a credit card that has a balance of $3,589.90 and a credit limit of $5,000. If you have a good credit rating OF 5.90%, how much must you pay at the end of the month to get the balance to the acceptable debt ratio percentage?

Answer 1

"acceptable debt ratio percentage" ?
Normally, debt ratio is debt to income, or debt to assests. I do not understand any debt ratio measuring current debt to possible debt.

Answer 2

69.7%