Question
A student graduates from college with $48 ,000 in student loans with a 8.3 annual simple interest rate. In order to reduce his debt as
A student graduates from college with $48,000 in student loans with a 8.3 annual simple interest rate. In order to reduce his debt as quickly as possible, beginning next month he is going to pay $500 per month towards the loan. After his first payment, how much will he owe on the loan?
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Discovering Advanced Algebra An Investigative Approach
Authors: Jerald Murdock, Ellen Kamischke, Eric Kamischke
1st edition
1559539844, 978-1604400069, 1604400064, 978-1559539845
