Business, 24.11.2020 14:30, cutielove2912

Olivia has taken out a $13,100 unsubsidized Stafford loan to pay for her college education. She plans to graduate in four years. The loan has a duration of ten years and an interest rate of 7.6%, compounded monthly. By the time Olivia graduates, how much greater will the amount of interest capitalized be than the minimum amount that Olivia could pay to prevent interest capitalization? Round all dollar values to the nearest cent. a.
$654.45
b.
$477.27
c.
$995.60
d.
$354.22

Please select the best answer from the choices provided

A
B
C
D

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 21:30, meababy2009ow9ewa

1. gar principles or "the principles"are intended to do what? a. foster an awareness of the hierarchical structure of the organization b. explain the best method of implementing biometric security techniques c. foster an awareness of the importance of good employee training d. foster an awareness of getting upper level management on board in understanding the need to implement an ig program e. foster an awareness of good record keeping principles

Answers: 1

continue

Business, 22.06.2019 00:30, kierafisher05

You wants to open a saving account. which account will grow his money the most

Answers: 1

continue

Business, 22.06.2019 11:10, nataliahenderso

Which feature is a characteristic of a corporation?

Answers: 1

continue

Business, 22.06.2019 20:00, adriannacomrosenbark

Modern firms increasingly rely on other firms to supply goods and services instead of doing these tasks themselves. this increased level of is leading to increased emphasis on management.

Answers: 2

continue

Do you know the correct answer?

Olivia has taken out a $13,100 unsubsidized Stafford loan to pay for her college education. She plan...