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answer please Score: 0 of 1 pt 11 of 11 (10 complete) HW Score: 81.62%, 8.98 of 11 P9-18 (similar to) Weighted average cost of
answer please Score: 0 of 1 pt 11 of 11 (10 complete) HW Score: 81.62%, 8.98 of 11 P9-18 (similar to) Weighted average cost of capital Personal Finance Problem John Dough has just been awarded his degree in business. He has three education loans outstanding. They all mature in 5 years and he can repay them without penalty any time before maturity. The amounts owed on each loan and the annual interest rate associated with each loan are given in the following table: John can also combine the total of this three debts (that is. $64,000) and create a consolidated loan from his bank. His bank will charge an annual interest rate of 6.4% for a period of 5 years. Should John do nothin leave the three individual loans as is) or create a consolidated loan (the $64.000 question? The weighted average annual interest rate on John's current loan portfolios (Round to two decimal places) Data Table Click on the con located on the top right comer of the datatable below in order to copy its contents into a spreadsheet.) Annual interest rate Balance due $23.000 $17 000 $24.000 10.2% 62% Print Done for your answer in the answer box and then click Check Answer remaining Clear All Check Air
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