Natalie makes $2,000 per month. She spends $100 on credit card payments and $250 on an auto loan. What is her debt-to-income ratio? 17.5 percent 22 percent 2.7 percent 32.5 percent

Answer: First option is correct.Explanation:Since we have given that Income of Natalie makes per month = $2000Amount She spends on credit card payments = $100Amount she spend on an auto loan = $250Total debt is given by[tex]250+100=\$350[/tex]So, Debt-to-Income ratio is given by[tex]\frac{Debt}{Income}\times 100\\\\=\frac{350}{2000}\times 100\\\\=\frac{35000}{2000}\\\\=17.5\%[/tex]Hence, First option is correct.