1. How much would the equal monthly payments be on a student loan of $10,500 that has a ten-year term and an APR of 14.9%? A) If you start your career at 23 and retire at age 65. How much will you have at retirement if you deposit $300 monthly into a mutual fund that earns 7.8% APR compounded monthly?

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Q: mpounding interest and an APR of 4.5% in sume no additional deposits are made.

A: Given as, 8 years is $25,000 and APR of 4.5%.

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A: See the attachment

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