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Lionel has a $37,500 student loan at 3.85% compounded annually amortized over 12 years with payments made at the end of every month. a. What
Lionel has a $37,500 student loan at 3.85% compounded annually amortized over 12 years with payments made at the end of every month. a. What is the size of Lionel's payments at the end of every month? $0.00 Round to the nearest cent b. What was the principal portion of payment 48? $0.00 Round to the nearest cent c. What was the size of Lionel's' final payment? 0 Round to the nearest cent
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