Mathematics
Mathematics, 18.02.2021 19:20, demi9646

Ursula took out an unsubsidized Stafford loan to help pay for her first of her four years at college. The loan had a principal of $6,400, an interest rate of 6.9% compounded monthly. After college, Ursula started making monthly payments over a 10 year period on her loan. What percentage of the total cost of the loan is the finance charge

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Ursula took out an unsubsidized Stafford loan to help pay for her first of her four years at college...

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