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.
Answer:
-4
Step-by-step explanation:
If you convert the words into an equation, you get:
-6+2
-6+2=-4
-4 is your answer.
<em>~Stay golden~ :)</em>
Answer:
sin 60° = 0.9
Step-by-step explanation:
sin 60° = cos 30°
cos 30° = 0.866025403
0.866025403 to one significant figure
0.866025403 ~ 0.9
~. means approximately.
therefore sin 60° = cos 30°
sin 60° = 0.9
Answer:
1 taco is $4
Step-by-step explanation:
2t + 3d = 14 4t + 6d = 28
3t + 2d = 16 -9t -6d = -48
-5t = -20
t = 4
Answer: There are 8 cups of cocoa and 6 cups of milk to make the standard recipe for Hershey's chocolate.
Explanation:
Since we have given that
Number of cups of cocoa is given by
Number of cups of milk is given by
Since there are total number of cups of ingredients = 14
First, we find out the ratio of cups of cocoa and milk i.e.
So, Number of cups of cocoa is given by
Number of cups of milk is given by
Hence, there are 8 cups of cocoa and 6 cups of milk to make the standard recipe for Hershey's chocolate.
