Answer:
y-4=4/5(x-5)
Step-by-step explanation:
y-y1=m(x-x1)
y-4=4/5(x-5)
Answer:
A, B and C
Step-by-step explanation:
A) 3 and 18 = has 3 as factor
B) 8 and 24 = has 3 as factor
C) 12 and 18 = has 3 as factor
D) 1 and 3 = has as factor of 1 and 3
so the answer is A, B and C
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.
