Jeffery received a 6 year non subsidized student loan of 32,000$ at an annual interest rate of 5.1%. What are Jeffery's monthly plan payments for this loan after he graduates in 4 years? Round your answer to the nearest cent.

Jeffery received a 6 year non subsidized student loan of 32,000$ at an annual interest rate of 5.1%. What are Jeffery's monthly plan payments for this loan after he graduates in 4 years? Round your answer to the nearest cent.

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter4: Time Value Of Money

Section: Chapter Questions

Problem 25PROB

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Jeffrey Wei received a 6 year non-subsidized student loan of $30,000 at an annual interest rate of 5.9%. what are Jeffrey's monthly loan payments for this loan after he graduates in four years? (Round your answers to the nearest cent)
Jeffery wei received a 6 year non subsidized student loan of 30,000$ at an annual interest rate of 5.9%. What are jeffery's monthly loan payments for this loan after he graduates in 4 years?
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