Susan just got a promotion that increased her annual salary from $52,000 to $68,000. Susan's monthly expenses included a mortgage payment of $1,500, three minimum credit card payments that total $350, a lease payment of
$280, a student loan payment of $250, and a personal loan payment of $325. How did Susan's debt-to-income
ratio change with her promotion?
a
b
Susan's debt-to-Income ratio decreased by about 2%
Susan's debt-to-income ratio increased by about 2%
Susan's debt-to-income ratio decreased by about 15%.
Susan's debt-to-income ratio increased by about 15%
С.
d