Question
Suppose that I had a student loan for $10,000 with an APR of 9.5% for 20years. Please help me to calculate my monthly payment? How
Suppose that I had a student loan for $10,000 with an APR of 9.5% for 20years.
- Please help me to calculate my monthly payment?
- How much would I pay each month? How long do I have to pay that monthly payment?
- Over the course of each loan, how much total do I pay? How much is interest? How much interest will I pay in total?
I have an opportunity to consolidate with an APR of 8% with a term of 12 years
4. What will be my payment if I do decide to go this route?
5. What will be my total payment over the life of the loan? How much of that would be interest?
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Statistical Inference
Authors: George Casella, Roger L. Berger
2nd edition
0534243126, 978-0534243128
