Mathematics, 31.10.2019 20:31 yakshp3702

Hiram took out a subsidized student loan of $30,000 at a 3.6% apr
compounded monthly, to pay for his last four semesters of college. if he will
begin paying off the loan in 21 months with monthly payments lasting for 20
years, what will be the amount of his monthly payment?
o
o
o
o
a. $174.64
b. $175.53
c. $185.97
d. $186.93

Answers: 2

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Hiram took out a subsidized student loan of $30,000 at a 3.6% apr
compounded monthly, to pay f...