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Another company is offering a student loan refinancing plan that claims will save you thousands over the cost of the loan. Assume that the
Another company is offering a student loan refinancing plan that claims will save you thousands over the cost of the loan. Assume that the total amount of loans is $40,000. The options are: a minimum interest rate of 2.75% or a 2.2% interest rate if you maintain a balance of $7500. in one of their savings accounts. Which option is better? Why?
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To determine which option is better lets compare the total cost of the loan under each scenario Well ...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
