Answer:
5000
Step-by-step explanation:
Given the following :
Constructed expression used to express size of debt after m, months :
36,700 - (5000 + 500m)
Since it was stated that he his whole signing bonus was dedicated towards paying his debt, then this will be a constant figure or digit.
Then a fixed amount from his monthly pay is also dedicated towards offsetting the loan:
Thus the fixed amount will be the Coefficient of m, where m is the number of months.
Thus total amount paid after m months can be deduced from the expression to be :
(5000 + 500m); where
5000 constant fee is the signing bonus.
