Question
You took out some student loans in college and now owe $15,000. You consolidated the loans into one amortizing loan, which has an annual interest
You took out some student loans in college and now owe $15,000. You consolidated the loans into one amortizing loan, which has an annual interest rate of 6% (APR). Part 1 If you make monthly payments of $200, how many months will it take to pay off the loan? Fractional values are acceptable.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
13th edition
978-1285027371, 128502737X, 978-1133541141
