Will give to correct answer. you have four credit cards. each has a balance of $950.00, but their credit limits are $1,200.00, $2,200.00, $2,400.00, and $3,000.00. paying off and closing which card would decrease your debt ratio? a) $3,000.00 limitb) $2,400.00 limitc) $2,200.00 limitd) $1,200.00 limit

D) $1,200.00 limit

Step-by-step explanation:

You want to know about the ratio of each credit card.

And to reduce you need to think about which usage percent represents with that $950.

$1,200.00, $2,200.00, $2,400.00, and $3,000.00 are all.

$950 is 79.16% in $1200, 43.18% in $2200, 39.58% in $2400, and 31.66% in $3000

You need to close the $1200 credit card to decrease your ratio.

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