P= - 135/7 I am pretty sure that’s the answer
This is a proportion problem that involves cross-multiplication
Set your problem up like so:
=
Now cross multiply
2,000 x 3 = 6,000
now you're left with 5x = 6,000
Now divide by 5 on both sides
Answer is 1,200
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:
7.25
Step-by-step explanation:
In the question, the term at least means less than or equal to is represented by ≥
Let the cost of each gift = c
He is buying gifts for 8 friends = 8 gifts
Hence, our Inequality equation is written as:
(c + $1.50)× 8 ≥ $70
8c + 12 ≥ 70
8c ≥70 - 12
c ≥ 58/8
c≥ 7.25
Therefore, the amount Claudio needs to spend on each gift in order to receive free shipping is 7.25
If y varies directly with x, then the ratio y/x will always be the same. Set it equal to the known values and solve for y.
y/x = -12/6
Cross multiply
6y = -12x
y = -2x
