Discuss how much will the annual payments be, Macroeconomics

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Discuss how much will the annual payments be

A Wartburg engineering student graduates with student loans in the amount of $41400 that have a repayment APR of 7.66%.

1. Discuss how much will the annual payments be if they intend to pay off the loans in 14 years?

2. Discuss what would the annual payments be if they decide to pay them off in 24 years instead?

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Macroeconomics: Discuss how much will the annual payments be

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Request for Solution File

Ask an Expert for Answer!!

Macroeconomics: Discuss how much will the annual payments be

Reference No:- TGS0871925

Have a Question? (oR Write a Review)

Recent Questions Asked Macroeconomics

Q : Calculate the optimal number of units to put in a package

Q : Discuss what amount was realized from the sale

Q : Determine the numbers of years will it take totally deplete

Q : Determine the probability a call lasts

Q : Discuss how much will the annual payments be

Q : Compute the mean and standard deviation

Q : Explain how much will she have saved

Q : Represents the total number of heads

Q : Discuss how have they changed over time

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Request for Solution File

Ask an Expert for Answer!!

Macroeconomics: Discuss how much will the annual payments be

Reference No:- TGS0871925

Recent Questions Asked Macroeconomics

Q : Calculate the optimal number of units to put in a package

Q : Discuss what amount was realized from the sale

Q : Determine the numbers of years will it take totally deplete

Q : Determine the probability a call lasts

Q : Discuss how much will the annual payments be

Q : Compute the mean and standard deviation

Q : Explain how much will she have saved

Q : Represents the total number of heads

Q : Discuss how have they changed over time

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