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This Question: 1 pt 5 of 10 (4 complete) Given below is the principal owed on a student loan last month, the annual interest rate,
This Question: 1 pt 5 of 10 (4 complete) Given below is the principal owed on a student loan last month, the annual interest rate, and the way the minimum monthly payment is computed. Find this month's minimum paym Principal Annual Rate Method for Calculating Minimum Monthly Payment $9.400 3% finance charge + 4% of principal This month's minimum payment is $ (Round to the nearest cent as needed.) Enter your answer in the answer box e Os ot
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