Mathematics, 03.08.2021 22:30, alleyboard
Renee took out a $30,000 student loan with a fixed interest rate to pay for college. Renee did not make payments on her loan for a period of 6 years. After this time period interest had accrued, resulting in the loan balance increasing to $61,000.
Required:
a. What is is the 6-year growth factor for the amount that Renee owes on the loan?
b. What is the 6-year percent change for the amount that Renee owes on the loan?
c. What is is the 1-year growth factor for the amount that Renee owes on the loan?
d. What is the 1-year percent change for the amount that Renee owes on the loan?
Answers: 1
Other questions on the subject: Mathematics
Mathematics, 21.06.2019 20:10, sksksksksk1
Heather is writing a quadratic function that represents a parabola that touches but does not cross the x-axis at x = -6. which function could heather be writing? fx) = x2 + 36x + 12 = x2 - 36x - 12 f(x) = -x + 12x + 36 f(x) = -x? - 12x - 36
Answers: 1
Mathematics, 21.06.2019 21:30, GOOBER3838
80 points suppose marcy made 45 posts online. if 23 of them contained an image, what percent of her posts had images? round your answer to the nearest whole percent. 54 percent 51 percent 49 percent 48 percent
Answers: 2
Do you know the correct answer?
Renee took out a $30,000 student loan with a fixed interest rate to pay for college. Renee did not m...
Questions in other subjects:
Mathematics, 28.09.2019 13:50
Mathematics, 28.09.2019 13:50
Mathematics, 28.09.2019 13:50
