subject
Mathematics, 30.10.2020 01:00 memo1102

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. 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?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 21:30
Hannah paid $3.20 for 16 ounces of potato chips. hank paid $3.23 for 17 ounces of potato chips. who paid less per ounces?
Answers: 1
question
Mathematics, 21.06.2019 22:00
How many ordered pairs of positive integers satisfy xy=32?
Answers: 1
question
Mathematics, 21.06.2019 22:00
If i had 1234 apples and 1 banana what is the total amount
Answers: 2
question
Mathematics, 21.06.2019 23:00
Describe the end behavior of the function below. f(x)=(2/3)^x-2 a. as x increases, f(x) approaches infinity. b. as x decreases, f(x) approaches 2. c. as x increases, f(x) approaches -2. d. as x decreases, f(x) approaches negative infinity.
Answers: 1
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
question
Social Studies, 25.08.2019 10:00
question
Mathematics, 25.08.2019 10:00
Questions on the website: 13722367