Mathematics, 24.03.2020 03:26 justijust500
Janice needs $5,500 in student loans for her last semester of college. The current interest rate is 5% for a 3 year loan or 3.5% for a 4 year loan.
Loan A (3 years) results in monthly payments of $164.84.
Loan B (4 years) results in monthly payments of $122.96.
What would be his total payback amount for each loan?
Answers: 2
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Janice needs $5,500 in student loans for her last semester of college. The current interest rate is...
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