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finlep [7]
2 years ago
12

Michael has a substantial student debt, but he recently got a new job, which came with a signing bonus. He calculates that with

his new job, he can put aside a fixed amount of money every month to pay off his debt. He also puts the entirety of his bonus towards paying off his debt. He constructs the expression 36,700 - ( 5000 + 500m )to represent the size of his debt after m months. Which number describes the value of his signing bonus?
Mathematics
1 answer:
kykrilka [37]2 years ago
7 0

Answer:

5000

Step-by-step explanation:

Given the question :

The size of debt after m months is respresented by the expression :

36,700 - (5000 + 500m)

Since Michael has decided to dedicate the entirety of his signing bonus towards paying his debt, then that is a constant and one-off payment.

Also, a fixed portion of his salary each month has also been assigned towards paying off his debt,

Then the amount paid from his salary after a certain number of months will be:

Fixed amount × number of months = 500 × m

Amount paid using signing bonus will be a constant = 5000

Total debt amount = 36,700

Size of debt left after m months :

Total debt - ( signing bonus - fixed amount × m)

Hence signing bonus = 5000

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Answer: C) P(y) = 150(y – 15) – 125y

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Hi, to answer this question we have to write an equation:

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