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dimaraw [331]
3 years ago
10

It is estimated that the average amount owed for student loans in 2010 was $25,250 per student. If the interest rate for student

loans increases to 6.8%, estimate how much more students will pay over a 10-year repayment period for this “average amount owed” as compared with
Mathematics
1 answer:
Harman [31]3 years ago
7 0
Let's fix 2010 as the present time. According to basic equations in engineering economy,

F = P (1+i)^n where F is the future worth, P is the present worth, i is the interest rate and n is the number of years. Substituting the appropriate values,

F = $25,250 (1 + 0.068)^10
F = $48,750

If the student has payed for the $25,250, then he needs to pay $48750 - $25250 = $23,500 more.

I hope I was able to help you. Thank you.
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Anvisha [2.4K]

-6x is the answer hope it helps


4 0
3 years ago
Topic: The Quadratic Formula
Finger [1]

Answer:

Step-by-step explanation:

The quadratic formula for a equation of form

ax²+bx + c = 0 is

x= \frac{-b +- \sqrt{b^2-4ac} }{2a}

For the first equation,

x²+3x-4=0,

we can match that up with the form

ax²+bx + c = 0

to get that

ax² =  x²

divide both sides by x²

a=1

3x = bx

divide both sides by x

3 = b

-4 = c

. We can match this up because no constant multiplied by x could equal x² and no constant multiplied by another constant could equal x, so corresponding terms must match up.

Plugging our values into the equation, we get

x= \frac{-3 +- \sqrt{3^2-4(1)(-4)} }{2(1)} \\= \frac{-3+-\sqrt{25} }{2} \\ = \frac{-3+-5}{2} \\= -8/2 or 2/2\\=  -4 or 1

as our possible solutions

Plugging our values back into the equation, x²+3x-4=0, we see that both f(-4) and f(1) are equal to 0. Therefore, this has 2 real solutions.

Next, we have

x²+3x+4=0

Matching coefficients up, we can see that a = 1, b=3, and c=4. The quadratic equation is thus

x= \frac{-3 +- \sqrt{3^2-4(1)(4)} }{2(1)}\\= \frac{-3 +- \sqrt{9-16} }{2}\\= \frac{-3 +- \sqrt{-7} }{2}\\

Because √-7 is not a real number, this has no real solutions. However,

(-3 + √-7)/2 and (-3 - √-7)/2 are both possible complex solutions, so this has two complex solutions

Finally, for

4x² + 1= 4x,

we can start by subtracting 4x from both sides to maintain the desired form, resulting in

4x²-4x+1=0

Then, a=4, b=-4, and c=1, making our equation

x=\frac{-(-4) +- \sqrt{(-4)^2-4(4)(1)} }{2(4)} \\= \frac{4+-\sqrt{16-16} }{8} \\= \frac{4+-0}{8} \\= 1/2

Plugging 1/2 into 4x²+1=4x, this works as the only solution. This equation has one real solution

7 0
3 years ago
What is the greatest common factor (gcf) for 26 and 78?<br>6<br><br>13<br><br>26 <br><br>3<br><br>2
saul85 [17]

For this case we have that by definition, the GCF of two numbers is the biggest common factor that divides both numbers without leaving residue. We find the factors:

26: 1,2,13,26

78: 1,2,3,6,13,26

Thus, the GCF of both numbers is 26

Answer:

26

Option C

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Because mushrooms absorb water (giving it less flavor).
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agasfer [191]

Answer:

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4 0
3 years ago
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