Answered

Charlize earns an annual mean gross pay of $61,274.00. What percent of her total salary will she have left over if her student loan payments are $410.00 per month for 108 months? Round to the nearest tenth.

Group of answer choices

91.8%

91.9%

92.0%

91.7%



Answer :

sqdancefan

Answer:

  (c)  92.0%

Step-by-step explanation:

You want the fraction remaining from an annual salary of $61,724 if $410 per month goes to pay a student loan.

Loan

The annual payment for the loan is 12×$410 = $4920.

Remaining

The fraction of salary remaining after the loan payments are made is ...

  1 - 4920/61274 ≈ 0.9197 ≈ 92.0% . . . . . choice C

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