Mathematics, 05.10.2021 14:00, thil3746

You are considering taking a student loan for $7,000.00 that will be paid back 10 years at 3.1% compounded monthly, and will make monthly payments of $67.92. (Round all answers to 2 decimal places.) What is the unpaid balance after 12 months?

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You are considering taking a student loan for $7,000.00 that will be paid back 10 years at 3.1% comp...