Question
Upon graduating from Penn State, Gloria has $52,000 worth of student loans with an interest rate of 5.0%. How many years must the loan be
Upon graduating from Penn State, Gloria has $52,000 worth of student loans with an interest rate of 5.0%. How many years must the loan be if her annual payment budget is $4,000 (rounded to the nearest number)?
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Practical Financial Management
Authors: William R. Lasher
8th edition
1305637542, 978-1305887237, 1305887239, 978-1305637542
