Question
You estimate that you will owe $42,800 in student loans by the time you graduate. The interest rate is 4.25 percentp.a, compounded monthly. If you
You estimate that you will owe $42,800 in student loans by the time you graduate. The interest rate is 4.25 percentp.a, compounded monthly. If you want to have this debt paid in full within six years, how much must you pay each month?
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
