$10,000
at a fixed apr of
66%
Mathematics, 17.10.2019 17:10 wizz4865
Consider a student loan of
$10,000
at a fixed apr of
66%
for
33
years.
a. calculate the monthly payment.
b. determine the total amount paid over the term of the loan.
c. of the total amount paid, what percentage is paid toward the principal and what percentage is paid for interest.
Answers: 1
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You know the right answer?
Consider a student loan of
$10,000
at a fixed apr of
66%
$10,000
at a fixed apr of
66%
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