QUESTION 19 Joe Smith has $80,000 in student loans. His bank charges 4% APR (compounded monthly). If Joe wants to pay of his student loans in 5 years, calculate the amount he must pay each month to eliminate the debt. (Enter a positive value and round to 2 decimals) 1206.66 QUESTION 20 Joe Smith has $80,000 in student loans. His bank charges 4% APR (compounded monthly). Suppose Joe can only afford to pay $900 per month towards his student loans, calculate the number of months it will take to payoff his student loans (Round up to the nearest whole number) Click Save and Submit to save and submit. Click Save All Answers to save all answers. 18 Save All Answers