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8. Yashari's monthly take-home pay is $1850. What percentage of her paycheck will go toward student loans if she
chooses the standard repayment plan? Does that payment amount seem reasonable? Why or why not?

Sagot :

Tundexiidn

The percentage of her paycheck that will go toward the student loans is 10% of the discretionary income if she  chooses the standard repayment plan.

What is a Take-home pay?

A take-home pay refers to an amount received after deduction of tax, insurance, deductions from an employee's gross monthly salary.

The Standard repayment plan is the automatic plan which is chosen by the loan system for calculation of repayment of loan

In conclusion, the percentage of her paycheck that will go toward the student loans is 10% of the discretionary income if she  chooses the standard repayment plan.

Read more about take-home pay

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