Help with 9

T. In 2014. the average college debt for a graduating senior from a NY school was $27,822. The xed rate is 3.86% annual interest. If the loan is a 10 year loan. what is the monthly payment if compounded monthly? What is the total cost of the loan? How much is spent on interest? 8. In 2015. the average medical school debt was $183000. If the interest rate is 5.8% and it is a 10 year loan compounded monthly, what is the monthly bill? If I can afford to pay twice that monthly payment. how long would it take me to pay off the loan? 9. I'm trying to decide between a 4 and 5 year car loan. Keybank is offering 4.04% for the 4-year loan and 4.14% for the 5-year loan. What are the monthly payments. total cost, and interest owed for each loan