Step-by-step explanation:
Loan Payment Calculator
This Loan Payment Calculator computes an estimate of the size of your monthly loan payments and the annual salary required to manage them without too much financial difficulty. This loan calculator can be used with Federal education loans (Stafford, Perkins and PLUS) and most private student loans. (The student loan calculator can also be used as an auto loan calculator or to calculate your mortgage payments.) Credible also offers a calculator tool to help estimate the costs of a student loan.
This loan calculator assumes that the interest rate remains constant throughout the life of the loan. Currently the 2020-2021 Undergraduate Federal Stafford Loan has a fixed interest rate of 2.75% (a record low) and the Federal PLUS loan has a fixed rate of 5.3%. (Perkins loans have a fixed interest rate of 5%.)
The calculator also assumes that the loan will be repaid in equal monthly installments through standard loan amortization (i.e., standard or extended loan repayment). The results will not be accurate for some of the alternate repayment plans, such as graduated repayment and income contingent repayment.
Loan fees are used to adjust the initial loan balance so that the borrower nets the same amount after the fees are deducted.
Some educational loans have a minimum monthly payment. Please enter the appropriate figure ($50 for Stafford Loans, $40 for Perkins Loans and $50 for PLUS Loans) in the minimum payment field. Enter a higher figure to see how much money you can save by paying off your debt faster. It will also show you how long it will take to pay off the loan at the higher monthly payment.
Answer:
The numbers are 6 and 14
Step-by-step explanation:
Let the two numbers be x and y
x-y = 8
x+y = 20
Add the two equations
x-y = 8
x+y = 20
-----------------
2x = 28
Divide by 2
2x/2 = 28/2
x = 14
Subtract the two equations
x-y = 8
-x-y = -20
-----------------
-2y = -12
Divide by -2
-2y/-2 = -12/-2
y = 6
The numbers are 6 and 14
Answer:
Step-by-step explanation:
For t in weeks, a reasonable exponential function describing the dept (d) might be ...
d = 10(1.03^t)
Then, after 8 weeks, the depth is predicted to be ...
d = 10(1.03^8) ≈ 12.67 ft ≈ 13 ft
The number 12 belongs to a set of even numbers
It is 14.8 I hope this helps you on your hw lol have a nice day
