Lois received a 9-year subsidized student loan of $39,000 at an annual interest rate of 4.625%. Determine her monthly payment on the loan after she graduates in 3 years.
Lois received a 9-year subsidized student loan of $39,000 at an annual interest rate of 4.625%. Determine her monthly payment on the loan after she graduates in 3 years.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 68SGR
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Lois received a 9-year subsidized student loan of $39,000 at an annual interest rate of 4.625%. Determine her monthly payment on the loan after she graduates in 3 years.
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