Bianca took out a $2,600 unsubsidized stafford loan. she will be attending school for four years, and she wishes to have the loan paid off five years before its normal ten-year duration is finished. the loan has an interest rate of 6.2%, compounded monthly. how much will she have to pay monthly to avoid interest capitalization?

Bianca need to pay $13.43 monthly to avoid interest capitalization.

Step-by-step explanation:

Principal value = $2600

Time = 10 years = 120 months

Interest rate = 6.2% = 0.062

Now, Find amount of payment by using the formula :

Total payment is to be paid in 1 year :

Hence, Bianca need to pay $13.43 monthly to avoid interest capitalization.

a

step-by-step explanation:

u take $30 minus $24. the answer/original($30)

the highest percentage for deaths in construction from highest to lowest is as follows: falls, struck by objects, electrocution, and caught-in/between. these four are collectively known as fatal four.

in the case of falls, the type that is responsible for the overall highest death in the category is falls from roofs.