If your monthly net (after-tax) income is $1,500, what should be your maximum amount spent on credit payments? A. $200 B. $300 C. $400 D. $500

Respuesta :

There are rules for personal finance, and one of them may tell you a recommended limit to credit card payments when your net monthly income is a certain amount.  As such, this is not really a math question, but one in personal finance / economics.  Reread the original question and the instructional material that preceeds it and look for "max payments" guidelines.