Monthly payments for 5 years after you graduate, annual interest rate of 6% compounded monthly.

Monthly payments for 10 years after you graduate, annual interest rate of 6% compounded monthly.

Fill in the tables with the values you put in the calculator.

if you can write it on paper I appreciate it

PART 3 - Annuities - Comparing LENGTH of the loan term 14 5 YEARS Present Value 32,000 Payment Amount Future Value Annual Interest rate Periods (number of payments) Compounding Monthly Calculate Total Interest paid: 10 YEARS Present Value 32,000 Payment Amount Future Value Annual Interest Rate Periods (number of payments) Compounding Monthly Calculate Total Interest paid: Use this financial calculator to determine which loan repayment option is better. COMPARISON #1 Monthly payments for 5 years after you graduate, annual interest rate of 6% compounded monthly. Monthly payments for 10 years after you graduate, annual interest rate of 6% compounded monthly. Fill in the tables with the values you put in the calculator. Select the better option (the least amount of total interest paid) 5 years 10 years Why might someone choose the other option in this case? Submit