9% of n is 180
0.09n=180
n=2000
Since the problem is requiring us to use the loan repayment calculator and here is what the calculator gave:
Loan Balance: $25,506.00
Adjusted Loan Balance: $25,506.00
Loan Interest Rate: 6.80%
Loan Fees: 0.00%
Loan Term: 10 years
Minimum Payment: $0.00
Monthly Loan Payment: $293.52
Number of Payments: 120 months
Cumulative Payments: $35,223.07
Total Interest Paid: $9,717.07
It is projected that you will need an annual salary of a minimum $35,222.40 to be capable to have enough money to repay this loan. This approximation assumes that 10% of your gross monthly income will be keen to repaying your student loans. This resembles to a debt-to-income ratio of 0.7. If you use 15% of your gross monthly income to repay the loan, you will need an annual salary of only $23,481.60, but you may experience some financial difficulty. This corresponds to a debt-to-income ratio of 1.1.
Answer:
I can't post a picture, so I'll just type it out.
Standard form: ax^2+bx+c
Quadratic Formula: -b + or - Square root of b^2-4ac/2a
Vertex form: a(x-h)+k
Step-by-step explanation:
Answer:
2.82842712475
Step-by-step explanation:
when you square 2.82842712475 your answer is 8 so the number above Is answer
