Kim has taken out a $6,873 loan which she must pay back in one year with 1.4% interest. At the same time, Kim has gotten
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Kim has taken out a $6,873 loan which she must pay back in one year with 1.4% interest. At the same time, Kim has gotten
Kim has taken out a $6,873 loan which she must pay back in oneyear with 1.4% interest. At the same time, Kim has gotten acost-of-living raise at work, and her salary has increased from$53,639 per year to $59,464 per year. How much has the share ofKim's income going to the loan changed due to this increase in hersalary?