Answer: 38/9
Step-by-step explanation: Because the fractions presented already have common denominators, the only thing you need to do in order to solve the problem is add the numerators. 36+2= 38, and you keep your denominator the same when adding fractions (when they are the same).
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:
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Answer:
2/5 = 4/10
4/10 = 40%
Explanation:
2/5 is a simplified fraction, and one of the bigger fractions it’s made by 4/10. Do you can use 4/10, but can also use 8/20, 20/50, 40/100, so on. Since we know that any fraction that of ten can be turned into a percentage easily (2/10=20%, 5/10=50%,9/10=%90), then 4/10 is equal to 40%. So 40% of the people in Jeremiah’s class are boys.
