Mathematics, 05.07.2019 21:20, 5nathanomadrid5

Sebastian has just graduated after four years of university. he took out an unsubsidized stafford loan worth $8,180 to pay for his tuition. the loan has a duration of ten years. if the loan has an interest rate of 5.3%, compounded monthly, how much interest capitalization has occurred by the time he graduated? round all dollar values to the nearest cent.
a.
$721.93
b.
$842.25
c.
$1,926.97
d.
$1,734.24

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 13:10, 1lilzomb

True or false? a triangle can be circumscribed about a given circle

Answers: 1

continue

Mathematics, 21.06.2019 17:40, shell3181

Aperpendicular bisector, cd is drawn through point con ab if the coordinates of point a are (-3, 2) and the coordinates of point b are (7,6), the x-intercept of cd is point lies on cd.

Answers: 2

continue

Mathematics, 22.06.2019 01:30, Mamiwork2

Which expression is equivalent to 64 - 9x^2?

Answers: 1

continue

Mathematics, 22.06.2019 02:00, 12monkey6

Multiply sixth of sixty six by a half of ten show step by step method

Answers: 1

continue

Do you know the correct answer?

Sebastian has just graduated after four years of university. he took out an unsubsidized stafford lo...

Questions in other subjects:

Biology, 24.04.2020 19:45

Which type of cells form through meiosis A. sex cells B. body cells C. zygote cells D. epithelial cells

Chemistry, 24.04.2020 19:45

Is a planet’s mass important for a thick atmosphere? Why?...

Mathematics, 24.04.2020 19:45

The picture shows a triangular island: A right triangle is shown with an acute angle equal to 45 degrees. The length of the side of the triangle opposite to the acute a...

Chemistry, 24.04.2020 19:45

Class science A revolution occurs: Question 14 options: Each time the Sun rotates around the Earth Each time the Earth turns once on its axis

Mathematics, 24.04.2020 19:45

Which statements about the graph of the function f(x) = -x2 - 4x + 2 are true? Select three options, The domain is {x\x 5-2}. The range is fyly s6}. The function...

English, 24.04.2020 19:45

Help m What resulted from the use of guerilla warfare by North Vietnamese troops? Many South Vietnamese troops defected and joined the North. Many South Vie...

Business, 24.04.2020 19:45

Chaney Corp. has an EBIT of $1.25 million per year that is expected to continue in perpetuity. The unlevered cost of equity for the company is 16%, and the corporate tax rate is 34...

Social Studies, 24.04.2020 19:45

In what way are innovations in technology and forms of government alike?OA. The both brought an end to the EnlightenmentOB. They both started immediately af...

English, 24.04.2020 19:45

It is okay to publish something that might be untrue about a person as long as you or someone else thinks it may be true. A. True B. False...

History, 24.04.2020 19:46

How did franklin roosevelt’s time spent in georgia contribute to his policies when he became president...

Other tasks in the category: Mathematics More task