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Liam just graduated from his state university with $28,252 in student loan debt. He is curious what his monthly payments will be if he repays
Liam just graduated from his state university with $28,252 in student loan debt. He is curious what his monthly payments will be if he repays over the standard 10 years at 5 percent. Liam also has an emergency fund that pays 3 percent. Should he use some of that money to repay his student loans early? Why? Click on the table icon to view the Monthly Installment Loan Payment Factor (MILPF) table: % . @ Liam's monthlv payment is $lI. (Round to the nearest centl Nora took out $18,087 in private student loans at 17.00 percent APR. Her cousin Ava took out the same amount of student loans, but she got a federal student loan with an APR of 4.00 percent. What is the difference in the amounts Nora and Ava will pay for their student loans (over 10 years). assuming the interest starts accumulating on the same day? Click on the table icon to View the Monthly Installment Loan Payment Factor (MILPF) table: @ .
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