Mathematics, 31.01.2020 16:47, Pordie
Henry wants to avoid interest capitalization on his $7,800 unsubsidized stafford loan. henry will graduate in four years, and the loan has a duration of ten years. the loan has an interest rate of 5.6%, compounded monthly. how much must henry pay every month to avoid interest capitalization? a. $14.56 b. $43.68 c. $36.40 d. $31.20
Answers: 3
= $36.40
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Henry wants to avoid interest capitalization on his $7,800 unsubsidized stafford loan. henry will gr...
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