Answer:
Rule of thumb is;
Your cumulative total student loans taken as at the time you are graduating should be less than your proposed annual starting salary.
Step-by-step explanation:
When calculating the loan a college student can afford, a rule of thumb comes in very handy which is that:
Your cumulative total student loans taken as at the time you are graduating should be less than your proposed annual starting salary.
This is because If your total student loan debt is less than your proposed annual income, it means all things being equal, you would be able to pay back the loan in about 10 years or less. However, if the loan debt exceeds your proposed income, it means you are likely to going to struggle and find it very difficult to repay your loan.
Answer:
6
Step-by-step explanation:
Answer:
(3, -3)
Step-by-step explanation:
When asked to solve by elimination, you put them on top of one another, like you're going to add it.
10x + 7y = 9
-4x - 7y = 9
See that 7y? You can cancel those out because one is negative, and one is positive. So those are gone. You finish adding the rest of the numbers as usual and solve for x.
6x = 18
x = 3
Take x, and plug it into either equation to find y.
10(3) + 7y = 9
7y = -21
y = -3
(3, -3)
Hope this helped!