These are the given to the question above:
Loan Balance: $20,000.00
Loan Interest Rate: 7.00%
Monthly Loan Payment: $232.22
Number of Payments: 120 (10 years)
Cumulative Payments: $27,865.87
Total Interest Paid: $7,865.87
What dollar amount of each monthly payment is interest? $655.49
What percent of the total payments is total interest? 28.22%
It is estimated that you will need an annual salary of at least $27,866.40 to be able to afford to repay this loan. This estimate assumes that 10% of your gross monthly income will be devoted to repaying your student loans
Answer:
its the digram: )
Step-by-step explanation:
Answer:
yes
Step-by-step explanation:
Hi! I'm happy to help!
Point slope form states that y-
=m(x-
). m represents your slope (rise/run) and and represent your first y and x points, and y and x represent your second y and x points. We already have our equation here:
y - 4 = 1/4(x- 8)
Now, let's dive into what slope-intercept form is. Slope intercept form states that y=mx+b. m represents our slope, b represents our y intercept, y represents a y point, and x represents the corresponding x point.
Since we know our m, we can solve for b, by using our other numbers. Let's use our first set of coordinates.
4=1/4(8)+b
4=2+b
2=b
Now our second set to double check:
2=1/4(0)+b
2=0+b
2=b
We know that b must equal 2, so our equation must be y=1/4x+2, which is option 3.
<u>You should pick option 3.</u>
<u>(y-intercept is where the line hits the y-axis(when x=0). We could've used our second coordinates (0,2), where x equals 0 to know that 2 is the y-intercept (b). This shortcut only works on specific problems though.)</u>
I hope this was helpful, keep learning! :D
Answer:
37.62 degrees + 47.87 degrees = 85.49 degrees
Step-by-step explanation:
For this question we are trying to find the "absolute value" between these 2 numbers, because one of the numbers are negative and the other one is positive, we are going to add both of them together. That is how we got 85.49. In a different equation, we might have done something different.
