You did not have 20% to put down on the house you purchased two years ago so you are paying pmi (private mortgage insurance). if you bought your house for $375,000 and due to increasing prices it is now worth $435,000, what is your debt to asset ratio if your mortgage is $336,000? note: round your answer to the nearest hundredth.
a. 0.77
b. 0.64
c. 0.56
d. 0.72