Question
While you were a student in college, you borrowed $12,000 in student loans at an interest rate of 9%. If you repay $125 per month,
While you were a student in college, you borrowed $12,000 in student loans at an interest rate of 9%. If you repay $125 per month, how long (in months) will it take you to repay the loan? How many years is this?
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Finance For Non Financial Managers
Authors: Pierre G. Bergeron
5th Edition
0176104070, 9780176104078
