Victor received an 8-year subsidized student loan of $24,000 at an annual interest rate of 4.55%. If victor qualifies for an income-adjusted repayment plan of $500 per month, how long (in months) will it take him to repay the loan?

Answers

Answer 1

Time taken by Victor to repay the subsidized student loan of $24,000 at an annual interest rate of 4.55% is equal to 59 months.

As given in the question,

Principal = $24000 (given)

Rate of interest = 4.55% (given)

Time duration of subsidized loan  = 8 years (given)

Repayment (equated monthly instalment) rate = $500 per month

To find: time for Victor to repay loan

We know that Principal + Simple Interest = Amount

Let t be the expected time duration for repayment of the subsidized student loan for Victor

24000+[tex]\frac{(24000).(4.55).t}{100}[/tex] = 500x12t  (Simple Interest = Principal x Rate x Time)/100

=> 24000 + 1092t = 6000t

=> 4908t = 24000

=> t = 4.89 years ≈ 59 months

Therefore,  it will take 59 months for Victor to repay the subsidized student loan of $24,000 at an annual interest rate of 4.55%.

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Related Questions

Can you guys help me solve this

Answers

q + r = p is the equation formed by using the details in the question

What is a linear equation ?

In an algebraic equation of the form y=mx+b, where m denotes the slope and b the y-intercept, a linear equation is a first-order (linear) term and a constant. Sometimes the phrase "linear equation with two variables" is used to describe the previous equation, which contains the variables y and x.

Ax+By=C is the standard form for two-variable linear equations. Standard form is used, for instance, in the linear equation 2x+3y=5. This method makes it simple to find an equation's two intercepts (x and y).

Calculation

p the stove is hot

q the soup is cold

r the food is done

equation to be created was

the food is done and the soup is cold ,  then the stove is hot.

and means +

therefore equation formed by plugging in the values will be ,

q + r = p

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Graph the image of the given triangle, reflected across the y-axis. Select the Polygon tool. Then, click the points of the triangle vertices to create the triangle by connecting the sides.

Answers

The image of the transformation are (2, -9), (-9, -7), (-7, -4)

How to perform the transformation?

The coordinates of the triangle are given as

(-2, -9), (9, -7), (7, -4)

The transformation is given as

Reflection across the y-axis

This is represented as

(x, y) ⇒ (-x, y)

This means that the transformation is (-x, y)

When this rule is applied on the coordinates, we have

(2, -9), (-9, -7), (-7, -4)

Next, we plot the image of the transformation on a coordinate plane

See attachment for the image of the transformation

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find the measure of LH, EL, JG, EK, KG. LG = 34EH = 22LG = 34

Answers

Please, give me some minutes to take over your question

I am working on it

______________________________-

LG = 34

EH= 22

JL= 16

_______________________________

Pythagoras theorem

Hypotenuse = H

Side 1 = S1

Side 2 = S2

H^2 = S1^2 + s^2

__________________________

This is a triangle with multiple right triangles inside

JG

34^2 = 16^2 + JG ^2

[tex]JG=\text{ }\sqrt[]{34^2-16^2}=\text{ 30}[/tex]

JG = 30

_________________________________

LH

_________________________________

Answer

LH

EL

JG = 30

EK

KG​

=
The area of Desert A is five times the area of Desert B. If the sum of their areas is 600,000 square miles, find the area of each desert.

Answers

The area of Desert A is 500,000 square miles and the area of Desert B is 100,000 square miles.

What is area?

Area is defined as the total space taken up by a flat (2-D) surface or shape of an object.

Area of a square is side × side.

Let the area of Desert A = x square miles

and the area of Desert B = y square miles

Given that, the area of Desert A is five times the area of Desert B,

i.e. x = 5y                         ...(1)

and the sum of their areas is 600,000 square miles,

i.e.  x + y = 600,000  square miles                  ...(2)

Putting equation (1) in (2), we get

         5y + y = 600,000

or        6y = 600,000  or      y =  100,000  square miles

Using equation (1),

  x = 5 × 100,000 = 500,000  square miles

Hence, the area of Desert A is 500,000 square miles and the area of Desert B is 100,000 square miles.

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What is the value of p?

Answers

[tex](x^{22})\cdot(x^7)^3[/tex]

when a number is power to a number a, and it is also power to another number b we can apply the property

[tex](x^a)^b=x^{a\cdot b}[/tex]

apply this to the expression above

[tex]\begin{gathered} x^{22}\cdot(x^{7\cdot3)} \\ x^{22}\cdot x^{21} \end{gathered}[/tex]

continue by applying the property of a product between the same number as a base but with a different exponent

[tex]x^a\cdot x^b=x^{a+b}[/tex]

apply this to the expression above

[tex]\begin{gathered} x^{22}\cdot x^{21^{}} \\ x^{43} \end{gathered}[/tex]

the value of p is equal to 43.

1) Analia thought of two different ways to define this quantity. Identify these two definitions among the
following options.
Choose 2 answers:
Graduation rate divided by number of teachers
Graduation rate divided by teachers per student
SAT average divided by number of teachers
SAT average divided by teachers per student

Answers

Analia proposed the following two measures to determine which school had a better academic record:

B. Graduation rate and student budget

D. Average SAT score / Per-student budget

How to determine the various amounts Which school has the best academic performance, according to Analia?

To specify a number that represents academic accomplishment;

We compare the budget per pupil for each school to a corresponding metric or parameter that measures the academic performance of the students in each school.

The following variables could be used to gauge academic achievement:

the success rate of every school.

The SAT score of each institution.

Consequently, the amount to assess academic success in relation to each student's budget may be represented as;

Graduation rate and student budget

Average SAT score / Per-student budget

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Unoccupied seats on flights cause airlines to loose revenue. Suppose a large airline wants to estimate its average number of unoccupied seats per flight over the past year. To accomplish this, the records of 225 flights are randomly selected, and the number of unoccupied seats is noted for each of the sampled flights. The sample mean and standard deviations are
x-bar =11.6 seats s=4.1 seats
Use Central Limit Theorem to help the company estimate its average number of unoccupied seats per flight over the past year.

Answers

The mean number of unoccupied seats per flight during the past year will lie between 11.15 and 12.05.

What is mean in mathematics?

There are many mean types in maths, particularly in statistics. Each mean serves to condense a specific set of data, frequently so that the general magnitude and sign of the data set can be better understood.

The arithmetic mean, also referred to as "arithmetic average," is a calculation that divides the total number of values in a data collection by their sum to get the central tendency of that set of numbers.

a) Calculations:

Degrees of freedom = n - 1 = 225 - 1 = 224

For 224 degrees of freedom and 90% confidence interval,

Critical t value = 1.652

Hence,

90% confidence interval will be:

[tex]11.6 \pm 1.652*4.1/\sqrt{225}[/tex]

[tex]11.6 \pm 0.45[/tex]

(11.15, 12.05)

b) Interpretation:

We are 90% confident that the population mean number of unoccupied seats will lie between 11.15 and 12.05

c) Caution with interpretation:

In this scenario, individual confidence interval should be calculated rather than mean number of unoccupied seats since we can't generalize this interpretation for individual flights.

d) To narrow a confidence interval, we can either increase the sample size or can decrease the confidence level.

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Complete question

Unoccupied seats on flights cause airlines to lose revenue. Suppose a large airline wants to estimate its average number of unoccupied seats per flight over the past year. To accomplish this, the records of 225 flights are randomly selected, and the number of unoccupied seats is noted for each of the sampled flights (from text, p. 306, example 6.3; use NOSHOW excel file). Given the mean number of unoccupied seats for the 225 random flights is 11.6 and the standard deviation is 4.1, estimate μ, the mean number of unoccupied seats per flight during the past year, using a 90% confidence interval.

a. Calculations

b.Interpretation

c.Caution with interpretation

d.How to narrow a confidence interval

Hello,
Can someone help me with this paper
Written work please if u dont mind

Answers

The value of x is (t - ab)/ad while taking the subject x.

What does it mean when some variable is made the subject?Making x the subject of an equation or formula entails rearranging the equation or formula so that the x variable is equal to the other variables. The variable being calculated is the formula's subject. On one side of the equals sign, it is identifiable as the letter on its own. When changing a formula's subject, we rearrange the formula's components to create a new subject. In other words, alter the operation to do the opposite if you move a term from one side of the equals sign to the other. (An operation's inverse is known as the operation's opposite.)

So, t = a(b + dx):

Now, solve taking the subject 'x' as follows:

t = a(b + dx)t = ab + adxt - ab = adx(t - ab)/ad = xx = (t - ab)/ad

Therefore, the value of x is  (t - ab)/ad while taking the subject x.

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Solve the equation.
²x+3-2x = 1+²x+5
42
If necessary:
Combine Terms
Apply properties:
Add Subtract
Multiply
Divide
To start over:

Answers

The answer to the equation is -3/2.

How to solve equations?

1.Remove parentheses from each side of the equation and combine similar phrases to make it simpler.

2.Identify the variable term on one side of the equation by adding or subtracting.

3.You can find the variable's value by multiplying or dividing.

Given equation is x²+ 3-2x= 1+ x² +5

Thus x² from both sides gets cancelled because x²-x²= 0

Now we get 3-2x = 6

-3 = 2x

On dividing by 2 we get,

-3/2 = x

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In Mr. Stowe's math class, Katherine earned an 88 in the 1st quarter and a 94 in the end quarter. What is the percentage of increase? Round to the nearest hundredth.

Answers

The percentage that increases would be low 90’s

Give the slope of a line that is parallel to −3x−3y=1.

Answers

Step-by-step explanation:

y = mX + c

3y = -3x - 1

divide by 3

y = -x -1/3

slope = -1 of this line and parallel lines

Answer:

-1 is the slope beause lines with the same slope are parallel.

The quadrilateral ABCD is a parallelogram if pairs of consecutive angles are supplementary. Given the angles measures, prove that quadrilateral ABCD is a parallelogram by finding the value of x

Answers

REmember that

in a parallelogram, consecutive angles are supplementary

that means

.mmmm

therefore

substitute

120-2x+70+x=180

solve for x

2x-x=190-180

x=10

answer is option C

Which construction is illustrated above?
O an angle congruent to a given angle
O the angle bisector of a given angle
O a perpendicular to a given line from a point on the line
O a line segment congruent to a given line segment​

Answers

Answer:

The construction is a parallel line to a given line  from a point not on the line.

Step-by-step explanation:

For a given figure,

To construct a parallel line

Step 1 : Draw transversal line through any point not on line which is given.

Step 2: Using construction copy an angle, construct same angle formed by transversal line and given line.

Step 3: This is the last step in which when the copy of an angle completed draw a line parallel to the line

Step-by-step explanation:

what is the equation to 500

Answers

The correct equation to be written for 500 will be 5*100 = 500. This same can also be written as 50*10 = 500 in the equational form to represent 500.

What is an Equation?

A mathematical equation can be stated as a formula that uses the equals sign in order to represent the equality of two expressions. In other words, it's a statement that shows that the values of two mathematical expressions are equal.

The equality between the equations here is shown by the equals (=) sign

As an example, 3x + 5 = 14 can be stated as an equation, in which 3x + 5 and 14 are two expressions that are connected by an ‘equal’ sign, thus providing an equation form.

Types of Equations

If you set on typing the actual types of equations, then you will just find many to categorize from.

But mainly the types of equations can be classified as:

1) Algebraic Equations (includes linear, quadratic, cubic, polynomial equations)

2) Radical Equations

3) Exponential Equations

4) Rational Equations

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Lesly graphed two lines in order to find thesolution to a given system of equations.What is the solution?1.) (3, -8)2.) (-3, -8)3.) (8, 3)4.) (-8, -3)

Answers

The solution of the system of equation is the point where the 2 lines cross each other.

By looking at the graph, we can see that they cross each other at (-3,-8)

Correct option: 2

pls be very specific with steps find x and y

Answers

[tex]\begin{gathered} x\text{ = 9, y = 13} \\ m\angle W\text{ = m}\angle N\text{ = 91} \\ m\angle\text{ H = m}\angle O\text{ = 44} \\ m\angle Y\text{ = m}\angle T\text{ = 45} \end{gathered}[/tex]

Firstly, we want to start by drawing the triangles

We have this as follow;

For triangle HOT, we have;

We want to get the values of x and y firstly

Since both triangles are congruent, the order of the sides match

Hence, we have angle O and H equal

Thus, we have that;

[tex]\begin{gathered} 5x-1\text{ = 3x+ 17} \\ 5x-3x\text{ = 17+1} \\ 2x\text{ = 18} \\ x\text{ = }\frac{18}{2} \\ x\text{ = 9} \end{gathered}[/tex]

Now, to find Y, we need the measure of angle N

Angle N is same as W which we already have as 5y+ 26

Substitute N for Y

Since all the angles of a triangle sum up to 180, we have it that;

[tex]\begin{gathered} 5x-1\text{ + 4x + 9 + }(5y\text{ + 26) = 180} \\ 9x+8+5y+26\text{ = 180} \\ 9(9)\text{ + 5y + 34 = 180} \\ 5y\text{ = 180-34-81} \\ 5y\text{ = 65} \\ y\text{ = }\frac{65}{5} \\ y\text{ = 13} \end{gathered}[/tex]

Now, we want the measure of each of the angles;

1. W = N = 5y+ 26 = 5(13) + 26 = 91

2. H = O = 5x-1 = 5(9) - 1 = 44

3. Y = T = 4x + 9 = 4(9) + 9 = 45

Can someone explain this ???

Answers

The intersection point of the circle and the line is at-(2.68, 7.36).

What is defined as the equation of circle?A circle is a confined curve drawn from a fixed point known as the centre, with all points on the curve sharing the same distance as from centre point. (x-h)² + (y-k)² = r² is the equation for a circle with (h, k) centre and r radius.

For the given question;

The equation of the line is; y = 2x + 2   ......eq 1

The centre of the circle (h,k) = (0,2)

The radius of the circle = 6 units.

This is the equation's standard form.

(x - h)² + (y - k)² = r²

Put the values in the formula;

(x - 0)² + (y - 2)² = r²

(x)² + (y - 2)² = r²

Put the value of y from eq 1.

(x)² + (2x + 2 - 2)² = 6²

(x)² + (2x)² = 36

Simplifying;

x = ±6/√5

But the intersection must be in first quadrant.

x = 6/√5 = 2.68

Put the value of x in eq 1.

y = 2x + 2

y = 2×2.68 + 2

y = 7.36

Thus, the coordinates of the intersection of the line and the circle are (2.68, 7.36).

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|x-4|=7x+12 solve for x

Answers

Step-by-step explanation:

................ N.....

What is the slope in pages per hour? Number of Hours 2 4 6 8 Pages Completed 3 6 9 12

Answers

[tex]\begin{gathered} \text{slope}=\text{ }\frac{\text{change in pages}}{\text{change in hours}}=\frac{\text{page2-page}1}{\text{hour2-hour1}} \\ =\text{ }\frac{4\text{ -2}}{6-3} \\ =\frac{2}{3} \\ \end{gathered}[/tex]

Simplify the root below and leave your answer in the form \frac{a}{b} \sqrt[]{ \frac{405}{324} } Our value for a is AnswerOur value for a is Answer

Answers

We are asked to simplify the following expression

[tex]\sqrt[]{\frac{405}{324}}[/tex]

Recall the quotient rule of radicands given by

[tex]\sqrt[]{\frac{a}{b}}=\frac{\sqrt[]{a}}{\sqrt[]{b}}[/tex]

Applying the above rule to the given expression

[tex]\sqrt[]{\frac{405}{324}}=\frac{\sqrt[]{405}}{\sqrt[]{324}}[/tex]

Notice that the square root of 324 is equal to 18

[tex]\frac{\sqrt[]{405}}{\sqrt[]{324}}=\frac{\sqrt[]{405}}{18}[/tex]

Also, notice that we can break 405 into factors as

[tex]\sqrt[]{405}=\sqrt[]{81\times5}=\sqrt[]{81}\cdot\sqrt[]{5}=9\cdot\sqrt[]{5}[/tex]

So, the expression becomes

[tex]\frac{\sqrt[]{405}}{18}=\frac{9\cdot\sqrt[]{5}}{18}=\frac{\sqrt[]{5}}{2}[/tex]

Therefore, the simplified expression is

[tex]\frac{\sqrt[]{5}}{2}[/tex]

a = √5

b = 2

Suppose that there is a negative correlation between the variables k and l. If l is 150 when k is 7, which of these is most likely to be the value of l when k is 14.A. 300B. 150C. 75D. 225

Answers

Answer:Explanation:

C. 75

n cthe oomparison of variables, a negative correlation means that as the value of one of the variables increases, the value of the other variable decreases.

Given the variables k and l.

• L=150 when k = 7

,

• L=? when k=14

The variable k has increased.

Thus, to satisfy the condition for a negative correlation, the variable, l must decrease.

Thus, the only likely possible value of l is 75.

Option C is correct.

A bookshelf has 7 shelves, each measuring 4 feet 3 inches in length.
The average width of a book is ; inch. How many books will the
shelves hold?

Answers

Answer:

I think its 64 please let me know if its wrong

The net of a right triangular prism is shown below.
What is the surface area of the triangular prism?

Answers

The surface area of the triangular prism is 224 square units.

What is surface area?

The quantity of space enclosing a three-dimensional shape's exterior is its surface area. The measurement that expresses the size of a region on a plane or curved surface is called area. Surface area refers to the area of an open surface or the boundary of a three-dimensional object, whereas the area of a plane region or plane area refers to the area of a form or planar lamina.

Given Data

Surface area = ( S₁ + S₂ + S₃) × Length

S₁ = 6

S₂= 8

S₃ = 2

L = 14

Surface area = ( 6+8+2)14

Surface area = 16(14)

Surface area = 224

The surface area of the triangular prism is 224 square units.

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if the sum of the interior Angele measures of a convex ploygon is 2.60 how many sides does the polygon have?

Answers

Answer:

The polygon has 14 sides.

Explanation:

Given that the sum of the interior angles of the polygon is 2,160.

[tex]T=2,160[/tex]

Recall that the sum of interior angles of a polygon can be calculated using the formula;

[tex]\begin{gathered} T=180(n-2) \\ \text{where;} \\ n=\text{ number of sides} \\ T=\text{ sum of the interior angles of the polygon.} \end{gathered}[/tex]

Substituting the value of T, to solve for n;

[tex]\begin{gathered} 2,160=180(n-2) \\ \frac{2160}{180}=n-2 \\ 12=n-2 \\ n=12+2 \\ n=14 \end{gathered}[/tex]

Therefore, the polygon has 14 sides.

Name the property which justifies the following conclusion:

Given: m = n
Conclusion: 3m = 3n

A Reflexive Property of Equality

B Multiplication Property of Equality

C Symmetric Property of Equality

D Transitive Property of Equality

Answers

Answer:

A) Reflexive Property of Equality

Step-by-step explanation:

If you look at your reflection in a mirror, you see yourself! Likewise, by the Reflexive Property, any number is its own mirror image. Any number (such as a real number) is equal to itself!

What this means is that any number is the answer as no number is given. It could be 3m = 3n, 10m = 10n, or 85m - 85n as long as the number of "m" is the same to the number of "n."

9) A swimsuit is on sale for $45.50. If the sale price is discounted 5% from the
original price, what was the original price? Round to the nearest cent.

Answers

Answer:

47.900

Step-by-step explanation

45.50 plus 2.275 is 47.825 rounded is 47.9

Find the measure of the angle at the center of atom B inside the triangle

Answers

The measure of the angle having the question mark, found using the law of sines is ? ≈ 140°

What is the law of sines?

The law of sines states that the sine of an interior angle of a triangle is proportional to the the length of the side opposite to the angle.

The given parameters are;

The radius of circle A = 6.4

The radius of circle B = 4.0

The radius of circle C = 3.0

The measure of angle at C = 24°

The length of the segment AB = 6.4 + 4 = 10.4

According to the law of sines, we have;

[tex]\dfrac{sin(A)}{a} = \dfrac{sin(B)}{b} = \dfrac{sin(C)}{c}[/tex]

Where;

a = The length of the side opposite angle ∠A

b = The length of the side opposite angle ∠B

c = the length of the side opposite angle ∠C

From the diagram, the side opposite angle ∠C, is AB, which by comparison indicates that when side c = AB = 10.4

c = 10.4

Similarly, the side opposite angle ∠A = a = BC = 4 + 3 = 7

a = 7

The known information are therefore; ∠C = 24°, a = 7, c = 10.4

[tex]\dfrac{sin(A)}{a} = \dfrac{sin(C)}{c}[/tex]

[tex]\dfrac{sin(A)}{7} = \dfrac{sin(24^{\circ})}{10.4}[/tex]

[tex]sin(A) = \dfrac{sin(24^{\circ})}{10.4}\times 7[/tex]

[tex]\angle A = arcsine \left( \dfrac{sin(24^{\circ})}{10.4}\times 7\right)[/tex]

∠A + ∠B + ∠C = 180° (angle sum property of a triangle)

∠B = 180° - (∠A + ∠C)

Which gives;

[tex]\angle B = 180^{\circ} -\left(24^{\circ} + arcsine \left( \dfrac{sin(24^{\circ})}{10.4}\times 7\right)\right) \approx 140^{\circ}[/tex]

The measure of the angle is ∠B ≈ 140°

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-3x + 7y = 24
3x + 2y = 3

Answers

Answer: x = -1 y=3

Step-by-step explanation:

yeah just do AP algebra.2 then you'll know the answers

Approximate -16 + square root of 40

Answers

The result of the approximation of -16 + square root of 40 is -3.35.

What is defined as the approximation?

An approximation refers to anything which is similar to but not identical to something else.

Rounding can be used to approximate a number. Before performing the operations, an estimate can be approximated by rounding this same values within it.

Look just at digit with in tens column to get an approximation to the nearest ten.Look at the digit with in hundreds column to get an estimate to the nearest hundred.Look at the digit with in thousands column for the nearest thousand.

For the given number;  

-16 + square root of 40 can be written as.

= -16 + √40

Find the factors of 40 by prime factorization;

40 = 2×2×2×5

Put the value in expression.

= -16 + √2×2×2×5

Take out square root of 2.

= -16 + 2√2×5

= -16 + 2√10

Fine the approximate value of √10 as this is near to √9.

Thus, √10 = 3.12

Put the value in expression.

= -16 + 2×3.12

= -16 + 12.649

= -3.35

Thus, the approximation of -16 + square root of 40 is -3.35.

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The incorrect work of a student to solve an equation 2(y + 6) = 4y is shown below:Step 1: 2(y + 6) = 4yStep 2: 2y + 8 = 4yStep 3: 2y = 8Step 4: y = 4Which of the following explains how to correct Step 2 and shows the correct value of y? 2 should be distributed as 2y + 12; y = 62 should be distributed as 2y + 12; y = 3The equation should be y + 6 = 4y after division by 2; y = 2The equation should be y + 6 = 4y after division by 2; y = 1

Answers

Solution:

Given the equation;

[tex]2(y+6)=4y[/tex]

Now, distribute 2;

[tex]\begin{gathered} 2(y)+2(6)=4y \\ \\ 2y+12=4y \end{gathered}[/tex]

Then, step 3;

[tex]\begin{gathered} 12=4y-2y \\ \\ 2y=12 \end{gathered}[/tex]

Divide both sides by 2;

[tex]\begin{gathered} \frac{2y}{2}=\frac{12}{2} \\ \\ y=6 \end{gathered}[/tex]

CORRECT OPTION: 2 should be distributed as 2y + 12; y = 6

Other Questions
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