Gabriela's monthly take-home pay is $2800, and her monthly rent is $700. If both her monthly take-home pay and her rent increase
2 answers:
Answer:
30.23%
Step-by-step explanation:
Gabriela's monthly take-home pay = $2,800
Her monthly rent = $700
if her monthly take-home pay and her rent increase by $210.
Her monthly take-home pay would be = 2800 + 210 = $3,010
Her monthly rent would be = 700 + 210 = $910
Now we have to calculate the percentage of Gabriela's take-home pay used to pay rent.
× 100
= 0.3023 × 100
= 30.23%
Gabriela's take-home pay will be used 30.23% to pay rent.
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(See attached graphic)
Years = log (10,000 / 5,538.18) / [2 * log ( 1 + .059 / 2)]
Years = <span> log (<span>1.8056473426) / 2 * </span></span> log ( <span><span><span>1.0295 </span> </span> </span> <span>)
Years = </span>0.25663293307 / 2 * 0.012626350954
Years = 0.25663293307 / <span> <span> <span> 0.0252527019 </span> </span> </span> <span><span> </span> </span>
Years = <span> <span> <span> 10.1625930598 </span> </span> </span>
Years = log (10,000 / 5,538.18) / [2 * log ( 1 + .059 / 2)]
Years = <span> log (<span>1.8056473426) / 2 * </span></span> log ( <span><span><span>1.0295 </span> </span> </span> <span>)
Years = </span>0.25663293307 / 2 * 0.012626350954
Years = 0.25663293307 / <span> <span> <span> 0.0252527019 </span> </span> </span> <span><span> </span> </span>
Years = <span> <span> <span> 10.1625930598 </span> </span> </span>