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.
Two thousand dollars is invested at 5.5 percent interest compounded
quarterly for 2 years. Then the amount is $ 2230.88
<u>Solution:</u>
Given that Two thousand dollars is invested at 5.5 percent interest compounded quarterly for 2 years
<em><u>The formula for amount using compounded quarterly is given as</u></em>:
Where, "p" is the principal sum
"R" is the rate of interest
"T" is the number of years
Here in this problem,
P = 2000 ; R = 5.5 ; T = 2 years
Plugging in values in formula we get,
On solving we get,
Hence the amount is $ 2230.88
The length of side b is 52 because using the Pythagorean theorem we know that a² + b² = c². When we plug in the known values we would get 1521 + b² = 4225, and when we subtract 1521 from both sides we would get b = 52.
Answer:
2.69≤x≤17.31
Step-by-step explanation:
Lety the amount in the other Piggy bank be x.
The difference in the amount of money between the two banks is no more than $10 is expressed as;
|x-7.31| ≤ 10
The value in the modulus sign can be positive or negative
If positive;
x-7.31 ≤ 10
x ≤ 10+7.31
x≤17.31
If negative
-(x-7.31) ≤ 10
-x+7.31 ≤ 10
-x ≤ 10-7.31
-x ≤ 2.69
Multiply both sides by -1
x ≥ -2.69
The compound inequality representing the amount of money in the other bank is -2.69≤x≤17.31
Answer: I hope that this is right this calculator was being difficult lol.
Step-by-step explanation: it would cross at (-1,2) is what i got
