Louise McIntyre's monthly gross income is $3,600. Her employer withholds $760 in federal, state, and local income taxes and $310 in Social Security taxes per month. Louise contributes $160 each month for her IRA. Her monthly credit payments for VISA and MasterCard are $95 and $90, respectively. Her monthly payment on an automobile loan is $345.
What is Louise's debt payments-to-income ratio? (Enter your answer as a percent rounded to 2 decimal places.)