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S 11 D Question 14 13 pts Suppose you have a 10-year debt consolidation loan making payments of $253.35 per month on outstanding debt
S 11 D Question 14 13 pts Suppose you have a 10-year debt consolidation loan making payments of $253.35 per month on outstanding debt of $20,000 accruing 9% APR interest. How much interest do you pay over the life of the loan if you do not make any prepayments? Always carry at least four decimal places throughout your analysis. Response should include 4 decimal places. Do not include percentage sign (for example, 12% would be entered as 0.1200). Do not include a dollar sign. Do not include comma (for example, 15,000 would be entered as 15000). (Trailing zeroes may disappear-do not worry about that) Question 15. 15 ots
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