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:
4(x + 5) = 2(10 / x) solved = - 20
Step-by-step explanation:
this may not be correct but i really think im right
1) Call x the sample mean = 3.56
2) Call s the sample standard deviation = 0.2
3) Given that the variable is normally distributed and the sample is large, you determine the interval of confidence from:
x +/- Z(0.5) s/√n
Wehre Z(0.5) is the value of the probabilities over 5% (90% of confidence mean to subtract 10%, which is 5% for each side (tails) of the normal distribuition) and is taken from tables.
Z(0.5) = 0.3085
Then the inteval is
x +/- 0.385 *s /√n = 3.56 +/- 0.385 * 0.2/√45
3.56 +/- 0.011 = ( 3.549, 3.571). This is the answer.
Answer:
renting a movie for 2 dollars a day
Step-by-step explanation:
the y does not repeat
