Business
Business, 14.01.2022 03:50, mimigg0621

Henry wants to avoid interest capitalization on his $7,800 unsubsidized Stafford loan. Henry will graduate in four years, and the loan has a duration of ten years. The loan has an interest rate of 5. 6%, compounded monthly. How much must Henry pay every month to avoid interest capitalization? a. $14. 56 b. $43. 68 c. $36. 40 d. $31. 20.

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Henry wants to avoid interest capitalization on his $7,800 unsubsidized Stafford loan. Henry will gr...

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