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

QUESTION POSTED AT 18/04/2020 - 07:13 PM

Related questions

9000 for 5 years at 4.5% compounded monthly

QUESTION POSTED AT 02/06/2020 - 01:30 AM

What is the value of y?

QUESTION POSTED AT 02/06/2020 - 01:21 AM