Suppose you get a student loan for 8000 and your payments


Suppose you get a student loan for $8,000, and your payments are deferred until after you graduate, 2 years from now. Then, you will make 15 yearly payments (starting 2 years from now). What are your payments? The interest rate is 8%/year.

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Business Economics: Suppose you get a student loan for 8000 and your payments
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