![Mathematics](/tpl/images/cats/mat.png)
Mathematics, 04.02.2021 02:20, 2sally2
At the beginning of each of her four years in college, Miranda took out a new Stafford Loan. Each loan had a principal of $5,500, an interest rate of 7.5% compounded monthly, and a duration of ten years. Miranda paid off each loan by making constant monthly payments, starting with when she graduated. All of the loans were subsidized. What is the total lifetime cost for Miranda to pay off her 4 loans? Round each loan's calculation to the nearest cent.
A) $23,650.00
B) $29,481.08
C) $7,834.32
D) $31,337.27
Please walk me through this.
![answer](/tpl/images/cats/otvet.png)
Answers: 3
Other questions on the subject: Mathematics
![image](/tpl/images/cats/mat.png)
Mathematics, 21.06.2019 12:30, kaziyahf2006
The nature park has a pride of 5 adult lions and 3 cubs. the adults eat 8 pounds of meat each day and the cubs eat 4 pounds. how much meat do the cubs and lions eat?
Answers: 2
![image](/tpl/images/cats/mat.png)
![image](/tpl/images/cats/mat.png)
Do you know the correct answer?
At the beginning of each of her four years in college, Miranda took out a new Stafford Loan. Each lo...
Questions in other subjects:
![Konu](/tpl/images/cats/mat.png)
Mathematics, 30.06.2019 16:30
![Konu](/tpl/images/cats/mat.png)
Mathematics, 30.06.2019 16:30
![Konu](/tpl/images/cats/mat.png)
Mathematics, 30.06.2019 16:30
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 30.06.2019 16:30
![Konu](/tpl/images/cats/istoriya.png)
![Konu](/tpl/images/cats/istoriya.png)
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/en.png)
English, 30.06.2019 16:30