Question
Step 1 You receive a10-year unsubsidized student loan of $33,000at an annual interest rate of5.4%. Use simple interest to find your new total loan amount
Step 1
You receive a10-year unsubsidized student loan of $33,000at an annual interest rate of5.4%. Use simple interest to find your new total loan amount after you graduate in 4 years. (Round your answer to the nearest cent.) $40128
Step 2
Your new total loan amount is$40128.00. What are your monthly loan payments for this loan? (Round your answer to the nearest cent.) $
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Calculus With Applications
Authors: Margaret L Lial, Raymond N Greenwell, Nathan P Ritchey
10th Edition
0321831101, 9780321831101
