Mathematics, 30.10.2020 01:00, memo1102

PLEASE HELP Natasha is going to take out an unsubsidized student loan of $13,500 at a 4.2% APR, compounded monthly, to pay for her last 2 semesters of college. She will begin paying off the loan in 9 months with monthly payments lasting for 12 years, and she's wondering what her monthly payment will be. She's also wondering what her monthly payment would have been if her student loan had been subsidized instead of unsubsidized. Help Natasha figure it out. Part I: What is the periodic interest rate of the student loan that Natasha is going to take out?
Part II: What is the total amount that Natasha will owe when she starts making payments?
Part III: How many monthly payments will Natasha have made once her loan is paid off?
Part IV: What will Natasha's monthly payment be?
Part V: What would Natasha's monthly payment have been if her student loan was subsidized instead of unsubsidized?

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 18:00, bvaughn6477

Clara schumann is buying bagels for her coworkers, she buys a dozen bagels priced at $5.49 a dozen. the bakery's cost for making the bagels is $2.25 per dozen. what is the markup rate based on selling price on a dozen bagels?

Answers: 1

continue

Mathematics, 21.06.2019 20:50, kassandramarie16

Amanda went into the grocery business starting with five stores. after one year, she opened two more stores. after two years, she opened two more stores than the previous year. if amanda expands her grocery business following the same pattern, which of the following graphs represents the number of stores she will own over time?

Answers: 3

continue

Mathematics, 21.06.2019 22:10, 666isabella666

Gravel is being dumped from a conveyor belt at a rate of 25 ft3/min, and its coarseness is such that it forms a pile in the shape of a cone whose base diameter and height are always equal. how fast is the height of the pile increasing when the pile is 14 ft high? (round your answer to two decimal places.) ft/min

Answers: 3

continue

Mathematics, 21.06.2019 22:30, miami158999

Agallon of apple juice cost $7 a pack of eight 4.23oz box of apple juice $2.39 which is a better deal

Answers: 1

continue

Do you know the correct answer?

PLEASE HELP Natasha is going to take out an unsubsidized student loan of $13,500 at a 4.2% APR, comp...