Answered step by step
Verified Expert Solution
Question
1 Approved Answer
you took our some student loan in college and now owe $15,000. you consolidated the loans into one amortizing loan, who has annual interest rate
you took our some student loan in college and now owe $15,000. you consolidated the loans into one amortizing loan, who has annual interest rate of 5%(apr) if you make monthly payments of $200 how many months will it take to pay off the loan? fractional values are acceptable
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started