Rhett is about to begin college and has received a 10-year $7,500 Federal Direct Unsubsidized Loan with an interest rate of 6.4%. He will be required to begin making payments six months after graduation . If Rhett decides to capitalize the interest accrued from the time he receives the funds until he begins making payment, how much total interest would he pay on This loan

160

step-by-step explanation:

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step-by-step explanation:

answer:

given the linear inequality :

add 2y to both sides we get;

simplify:

add 12 to both sides of an equation;

simplify:

divide both sides by 2 we get;

or

the related equation for the inequality equation [1] is;

y-intercepts defined as the graph crosses the y-axis.

substitute x =0 in [2] to solve for y;

y = 6

x-intercepts defined as the graph crosses the x-axis.

substitute value y = 0 to solve for x;

subtract 6 from both sides we get

multiply both sides by 2 we get;

or

x = -12

now, plot these point (0, 6) and (-12, 0) on graph as shown below and shade the graph below the solid line.