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Mathematics, 05.04.2021 01:50 haileygrace4154

Suppose that you have taken out subsidized Stafford loans totaling $20,000 over your four years in college. Your rate is a fixed 3.86% and you will repay using a standard ten-year repayment plan. Find your after-graduation monthly payment & explain why your principal is still $20,000 (as opposed to $20,000 plus accrued interest) when you graduate, assuming you haven’t paid anything toward the principal of the loan during school. Hey


Suppose that you have taken out subsidized Stafford loans totaling $20,000 over your four years in

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