Answer:
2/7 or 0.285714
Step-by-step explanation:
Answer:
if you make a question i could help
Step-by-step explanation:
All you would have to do is look at the 2 in the place of the thousands which equals 2000, then look at the 2 that is in the place of the tens, which equals 20, so (this might get complicated) 2000/20 is... (If you need more help just tell me)
Before her promotion, Mitch was receiving $40,000 per year
after tax. Since the loan payment is 4%, therefore the money that goes to the
loan is:
Loan payment = $40,000 * 0.04
Loan payment = $1,600
After her promotion, Mitch is now receiving:
New salary = $40,000
* 1.25
New salary = $50,000
Therefore the new loan payment becomes:
New loan payment = $50,000 * 0.04
New loan payment = $2,000
Therefore Mitch is paying an extra payment of:
$2,000 - $1,600 = $400
Answer: $400
