A 22 year old borrowed 4000 under a student loan 4 years, Econometrics

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A 22 year old borrowed 4000 under a student loan 4 years

A 22 year old borrowed $4000 under a student loan 4 years ago when the i=4.06% per year. $5000 was borrowed 3 years ago at 3.42%, 2 years ago she borrowed $6000 at 5.23%, and last year she borrowed $7000 at 6.03% per year., Now she wants to consolidate all this debt into a single 20yr loan starting in 1 year to repay the total debt. How much will her annual payments be to get rid of the total debt?

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Econometrics: A 22 year old borrowed 4000 under a student loan 4 years

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Econometrics: A 22 year old borrowed 4000 under a student loan 4 years

Reference No:- TGS0572986

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Recent Questions Asked Econometrics

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Request for Solution File

Ask an Expert for Answer!!

Econometrics: A 22 year old borrowed 4000 under a student loan 4 years

Reference No:- TGS0572986

Recent Questions Asked Econometrics

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