Mathematics, 29.10.2020 01:00 coronadenise

PLEASE HELP Natasha is going to take out an unsubsidized student loan of $13,500 at a 4.2% APR, compounded monthly, to pay for her last 2 semesters of college. She will begin paying off the loan in 9 months with monthly payments lasting for 12 years, and she's wondering what her monthly payment will be. She's also wondering what her monthly payment would have been if her student loan had been subsidized instead of unsubsidized. Help Natasha figure it out. (5 points: Part I - 1 point; Part II - 1 point; Part III - 1 point; Part IV - 1 point; Part V - 1 point) Part I: What is the periodic interest rate of the student loan that Natasha is going to take out?
Part II: What is the total amount that Natasha will owe when she starts making payments?
Part III: How many monthly payments will Natasha have made once her loan is paid off?
Part IV: What will Natasha's monthly payment be?
Part V: What would Natasha's monthly payment have been if her student loan was subsidized instead of unsubsidized?

Answers: 1

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 17:30

The manufacturer of a new product developed the following expression to predict the monthly profit, in thousands of dollars, from sales of the productwhen it is sold at a unit price of x dollars.-0.5x^2 + 22x - 224what is represented by the zero(s) of the expression? a.the profit when the unit price is equal to 0b.the unit price(s) when the profit is equal to 0c.the profit when the unit price is greatestd.the unit price(s) when profit is greatest

Answers: 3

Answer

Mathematics, 21.06.2019 19:00

Rob spent 25%, percent more time on his research project than he had planned. he spent an extra h hours on the project. which of the following expressions could represent the number of hours rob actually spent on the project? two answers

Answers: 1

Answer

Mathematics, 21.06.2019 19:20

1- what do you think the product of a nonzero rational number and an irrational number is? is it rational or irrational? make use of variables, the closure property of integers, and possibly a proof by contradiction to prove your hypothesis.2- why do we have to specify that the rational number must be nonzero when we determine what the product of a nonzero rational number and an irrational number is? if the rational number were 0, would it give us the same result we found in the first question?

Answers: 2

Answer

Mathematics, 22.06.2019 02:30

Acable company claims that the average household pays $78 a month for a basic cable plan, but it could differ by as much as $20. write an absolute value inequality to determine the range of basic cable plan costs with this cable company. a. |x − 78| ≥ 20 b. |x − 20| ≥ 78 c. |x − 20| ≤ 78 d. |x − 78| ≤ 20

Answers: 1

Answer

You know the right answer?

PLEASE HELP Natasha is going to take out an unsubsidized student loan of $13,500 at a 4.2% APR, comp...

Questions