Mathematics, 15.10.2019 22:50 Curtez1

Viola took out a $8,470 stafford loan at the beginning of her four-year college career. the loan has a duration of ten years and an interest rate of 7.5%, compounded monthly. how much more will viola’s monthly payment be if the loan is unsubsidized than if the loan is subsidized? round all dollar values to the nearest cent.
a.
$35.05
b.
$45.94
c.
$96.96
d.
$63.52

Answers: 2

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