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Intro You've just taken out a student loan with a quoted interest rate of 4.5%. You will have to pay back $1,700 in 13 years,

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Intro You've just taken out a student loan with a quoted interest rate of 4.5%. You will have to pay back $1,700 in 13 years, with no intermediate payments necessary. Part 1 - 1 - Attempt 1/10 for 10 pts. How much did you borrow if interest is compounded annually? Correct This question asks for the present value (PV). How much did you borrow if interest is compounded monthly? Part 3 How much did you borrow if interest is compounded daily

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