question 23 2 pts the debt - to - income ratio compares an individual or family’s income to their debt…
question 23 2 pts the debt - to - income ratio compares an individual or family’s income to their debt repayments. true false
Answer
Brief Explanations:
The debt - to - income ratio is calculated by dividing an individual or family's total debt payments by their gross income, comparing income to debt repayments.
Answer:
True