2010 $6,400 $27,200 ach part and complete the questions. Mr. Jones ears since graduation, Mr. Jones' loan balance has decreased by 71.4%. Calculate the change in his loan balance. Round your result to the nearest whole number and then complet 2010 and 2013, Mr. Jones' student loan balance decreased by 4570 dollars Ms. Smith ears since graduation, Ms. Smith's loan balance has decreased by $16,460, Calculate the percentage change in her loan balance. Round your result to one decimal place and then below. 2010 and 2013, Ms. Smith's student loan balance decreased by 60.5 percent Greater student loan reduction? mparing their student loan balances, both Mr. Jones and Ms. Smith claimed that they had paid off the greater part of their loan. How is it possible for both of them to make that claim?

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The table below displays the student loan balances for two college graduates in 2010 (the year of their graduation).
2010
Mr. Jones $6,400
Ms. Smith $27,200
Expand each part and complete the questions.
Part 1 - Mr. Jones
In the 3 years since graduation, Mr. Jones' loan balance has decreased by 71.4%. Calculate the change in his loan balance. Round your result to the nearest whole number and then complete the sentence
below.
Between 2010 and 2013, Mr. Jones' student loan balance decreased
by 4570
dollars
Part 2 - Ms. Smith
In the 3 years since graduation, Ms. Smith's loan balance has decreased by $16,460. Calculate the percentage change in her loan balance. Round your result to one decimal place and then complete the
sentence below.
Between 2010 and 2013, Ms. Smith's student loan balance decreased
by 60.5
percent
Part 3 - Greater student loan reduction?
When comparing their student loan balances, both Mr. Jones and Ms. Smith claimed that they had paid off the greater part of their loan. How is it possible for both of them to make that claim?
O It is NOT possible for both of them to make this claim because Mr. Jones paid off the greater percentage and the greater dollar amount of his student loan balance.
O It is possible for both of them to make this claim because Ms.Smith paid off the the greater percentage of her student loan balance while Mr. Jones paid off the greater dollar amount of his student loan
balance.
O It is NOT possible for both of them to make this claim because Ms. Smith paid off the greater percentage and the greater dollar amount of her student loan balance.
O It is possible for both of them to make this claim because Mr. Jones paid off the the greater percentage of his student loan balance while Ms. Smith paid off the greater dollar amount of her student loan
balance.
Transcribed Image Text:The table below displays the student loan balances for two college graduates in 2010 (the year of their graduation). 2010 Mr. Jones $6,400 Ms. Smith $27,200 Expand each part and complete the questions. Part 1 - Mr. Jones In the 3 years since graduation, Mr. Jones' loan balance has decreased by 71.4%. Calculate the change in his loan balance. Round your result to the nearest whole number and then complete the sentence below. Between 2010 and 2013, Mr. Jones' student loan balance decreased by 4570 dollars Part 2 - Ms. Smith In the 3 years since graduation, Ms. Smith's loan balance has decreased by $16,460. Calculate the percentage change in her loan balance. Round your result to one decimal place and then complete the sentence below. Between 2010 and 2013, Ms. Smith's student loan balance decreased by 60.5 percent Part 3 - Greater student loan reduction? When comparing their student loan balances, both Mr. Jones and Ms. Smith claimed that they had paid off the greater part of their loan. How is it possible for both of them to make that claim? O It is NOT possible for both of them to make this claim because Mr. Jones paid off the greater percentage and the greater dollar amount of his student loan balance. O It is possible for both of them to make this claim because Ms.Smith paid off the the greater percentage of her student loan balance while Mr. Jones paid off the greater dollar amount of his student loan balance. O It is NOT possible for both of them to make this claim because Ms. Smith paid off the greater percentage and the greater dollar amount of her student loan balance. O It is possible for both of them to make this claim because Mr. Jones paid off the the greater percentage of his student loan balance while Ms. Smith paid off the greater dollar amount of her student loan balance.
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