Since the loan is subsidized, the loan will only take in interest after graduation and when Kate starts paying for the loan.
The interest is 5.9% compounded monthly which in effective rate is 6.06%
The worth of the loan after 5 years is
($9,710) (1 + 0.0606)^5 = $13,032.33
The portion of the total amount she pain for the interest is
($13,032.33 - $9,710) / $13,032.33 * 100 = 25.49%
Answer:
hope it helps, appreciate if you can give brainliests
Answer:
<h3>A (-4,3)</h3>
Step-by-step explanation:
THe formula for calculating midpoint is expressed as;
M(X, Y) = {(x1+x2/2), y1+y2/2}
Given
Midpoint = (2, 5)
K = (8, 7)
Required
Coordinate of M
X = x1+x2/2
2 = 8+x2/2
4 = 8+x2
x2 = 4-8
x2 = -4
Similarly;
Y = y1+y2/2
5 = 7+y2/2
10 = 7+y2
y2 = 10-7
y2 = 3
Hence the coordidates of M is at (-4,3)
Answer:
c
Step-by-step explanation: