Answer:
Step-by-steIn order to go to college, Chris goes from working full-time making $30,000 per year to working part-time at half the salary for two years. The cost of his education will be $5,000. If Chris makes $35,000 per year after getting his degree, approximately how many years will it take him to recover his investment? *
it would take him 7 years to recover the 35,000 he invested
p explanation:
he was in college two years and it cost him a total of 5000 and he lost 30000 from the two years he worked part time
Answer: (6,0)
Step-by-step explanation: To find the x-intercept, we plug a 0 in for y.
So we have 2x - 3(0) = 12.
Simplifying from here, we have 2x = 12.
Now divide both sides by 2 and we get <em>x = 6</em>.
So our x-intercept is 6.
This means that our line crosses the x-axis 6
units to the right of the origin or at the point (6,0).
Answer:
Rule of thumb is;
Your cumulative total student loans taken as at the time you are graduating should be less than your proposed annual starting salary.
Step-by-step explanation:
When calculating the loan a college student can afford, a rule of thumb comes in very handy which is that:
Your cumulative total student loans taken as at the time you are graduating should be less than your proposed annual starting salary.
This is because If your total student loan debt is less than your proposed annual income, it means all things being equal, you would be able to pay back the loan in about 10 years or less. However, if the loan debt exceeds your proposed income, it means you are likely to going to struggle and find it very difficult to repay your loan.
Answer:
a
Step-by-step explanation:
