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Mathematics, 14.01.2020 11:31 live4dramaoy0yf9
John just moved out of state and, in doing so, had to take a salary cut. at his previous job, his annual salary was $47,000 and his monthly expenses included a $850 rent payment, a $325 car payment, and $375 in minimum credit card payments. his new job has a salary of $43,500. he has the same car payment and minimum credit card payments, but his new apartment costs a mere $625 per month. how did john's move affect his debt-to-income (dti) ratio?
a. john's dti ratio decreased by 3%.
b. john's dti ratio increased by 3%.
c. john's dti ratio decreased by 9%.
d. john's dti ratio increased by 9%.
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