Mathematics, 24.08.2019 21:30 arrissa1234hinkle

You give up a full-time salary of $45,000 a year to go to school for 2 years. the total cost of going to school is $30,000. if you want to be able to recover your investment in 5 years or less, what is the minimum salary you would need to earn upon earning your degree?
a.
$51,000
b.
$60,000
c.
$69,000
d.
$75,000

Answers: 2

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Answers

Alright, this is a tricky one!

First, you need to assume that by giving up your full-time salary of $45k, you will be taking a loss of $45k per year. Therefore, because you're going to school for 2 years - you'll have a loss of $90k.

Then, from there you take out a loan for $30k for school. With the addition of your student loan, you're now in debt / at a loss of $120k. Therefore, you're total investment is $120k. Divide that by 5 years, and you get $24k.

Lastly, you have to consider your original annual salary of $45k with the addition of your recover investment per year of $24k. That would be $45k + $24k = $69k. Therefore, the minimum salary you would need to earn upon earning your degree would be $69k.

I believe the answer is C.

Answer from: cakey3501

C. $69,000 is correct on e2020

Answer from: Quest

how am i supposed to answer

step-by-step explanation:

Answer from: Quest

the system of inequity is

$y\leq -x+4$

$3y> x$

step-by-step explanation:

from the given graph it is noticed that we have two related lines. one is solid and another is dashed.

if a line passing through two points, then the equation of line is

$y-y_1=\frac{y_2-y_1}{x_2-x_1}(x-x_1)$

the solid line passing through the points (0,4) and (4,0).

$y-4=\frac{0-4}{4-0}(x-0)$

$y=-x+4$

the related equation of solid line is $y=-x+4$ .

similarly, find the related equation of dashed line. the dashed liune passing through the points (0,0) and (3,1).

$y-0=\frac{0-1}{3-0}(x-0)$

$3y=x$

the related equation of dashed line is $3y=x$

from the given graph it is noticed that the point (0,1) lies on the shaded region, therefore the point (0,1) must be satisfied by the related equations.

check the related equations by the point (0,1).

$1=-0+4$

$1=4$

this statement is true if the sign of inequality is < instead of equality. since it is an solid line therefore the sign of inequality will be $\leq$ . the required inequality is

$y\leq -x+4$

similarly, check the second related equation.

$3(1)=0$

it is a dashed line, so this statement is true if the sign of inequality is > . the required inequality is

$3y> x$

15 points write a system of inequalities to represent the shaded portion of the graph

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You give up a full-time salary of $45,000 a year to go to school for 2 years. the total cost of goin...