Mathematics, 18.10.2019 23:30, katherinelondon4002
Toby just graduated from four years of college. at the beginning of each year, he took out a stafford loan with a principal of $6,125. each loan had a duration of ten years and an interest rate of 5.3%, compounded monthly. all of the loans were subsidized. toby plans to pay off each loan in monthly installments, starting from his graduation. what is the total lifetime cost for toby to pay off his 4 loans? round each loan's calculation to the nearest cent.
a.
$7,904.04
b.
$31,616.16
c.
$10,393.82
d.
$36,490.25
would appreciate if you could show the work for how this is done.
p. s. i later submitted this question and the answer is b.
Answers: 1
Mathematics, 21.06.2019 17:30, scoutbuffy2512
How do you use the elimination method for this question? explain, because i really want to understand!
Answers: 1
Mathematics, 21.06.2019 18:30, yeet6942000
Complex numbers multiply √-4 * √-25 and show all intermediate steps. alternative notation is sqrt(-4) * sqrt(-25).
Answers: 1
Mathematics, 21.06.2019 19:10, KariSupreme
At a kentucky friend chicken, a survey showed 2/3 of all people preferred skinless chicken over the regular chicken. if 2,400 people responded to the survey, how many people preferred regular chicken?
Answers: 1
Toby just graduated from four years of college. at the beginning of each year, he took out a staffor...
Mathematics, 24.06.2021 16:10