⇒ common ratio =r=3 and the given sequence is geometric sequence. Where an is the nth term, a is the first term and n is the number of terms. ⇒ 12th term is 708588 .
(May be wrong for some other users, although it's correct for me.)
In a parallelogram, consecutive angles are supplementary.
3y + 78 = 180
3y = 102
y = 34
E(1,-4) F(1,-6) G(-3,-5) H(-3,-3)
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.
