Question
A student borrows $50,700 at 8.4% interest. Find the monthly payment and total interest paid over a 30 year payment plan. The payment size is.
A student borrows $50,700 at 8.4% interest. Find the monthly payment and total interest paid over a 30 year payment plan.
The payment size is.
$enter your response here. =__________
The total interest paid over the 30 years is .
$enter your response here. =____________
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Derivatives Markets
Authors: Robert L. McDonald
2nd Edition
032128030X, 978-0321280305
