Find number of years it take to pay off loan in one equation
How do you mathematically calculate the number of years it takes to pay off loan in one equation, if yearly income is $120,000 and suppose yearly payment is $10,000 and the total debt is $45,000?
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The annual income of residents in a county is $42,000 with a standard deviation of $10,000. Assuming that the distribution of incomes is normal, between what two values do approximately 95% of the incomes of county residents lie?
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Calculate the number of years it takes to pay off loan in one equation, if yearly income is $120,000 and suppose yearly payment is $10,000 and the total debt is $45,000?
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