Mathematics, 11.12.2020 02:40 brayannnnn36781
According to Forbes magazine article, “The average student in the Class of 2016 has $37,172 in student
loan debt". The average loan repayment period is 10 years at 4.81%
1. Calculate the Monthly Payment on this loan amount:
2. What is the total Interest you will end up paying:
3. What is the total amount you will end up paying (principal and interest)
Answers: 1
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According to Forbes magazine article, “The average student in the Class of 2016 has $37,172 in stude...
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