Answer: The lendor will allow for $1500 for the housing expenses.
This lendor is allowing 30% for the debt. So, we start by multiplying 8000 times 0.3 which equals 2400.
However, we have to subtract the current debts of 900.
2400 - 900 = 1500
100% - 14% = 86%
86% of what gives you 559
559 * 100 = 55,900/86 = 650
650 students in total
650 - 559 = 91
Solution: 91 students failed
Answer:
1.533333 miles per hour
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