I need help understandinh how to slove this problem You will pay off your $60$ K in loans over $5$ years, starting next year after you graduate. The loan compounds $3$ percent per year. How much do you pay each year? Would the payments average to more than $$1K$ per month or less than $$1k$ per month? $($Hint: apply the annuity formula$)($time value, slide $36).$

What is something you are interested in learning more about in this class? Is there any topic covered in the syllabus that you are familiar with or have any previous experience $($could be a class, job, internship, volunteer experience, etc.$)?$