Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. a student has student loans of $96,000. he would l

A student has student loans of $96,000. He would like to pay it back in...

70.2K

Verified Solution

Question

Basic Math

image

A student has student loans of $96,000. He would like to pay it back in 10 years. a) Calculate the monthly payments if his loan has a fixed APR of 8%.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

Use n 6 and p 0 6 to complete parts a through d below 1...

Basic Math
1.2K views

Construct expansions in a two-individual universe of discourse for the following sentence: (x) [Fx --> (Gx v...

Biology
1.2K views

Can someone please compare and contrast sRNA regulators that act in trans and riboswitches?

Chemistry
1.2K views

Propane is mixed with 20% excess air (propane air mixture is initially at 25 °C and...

Psychology
1.2K views

Identify and analyze the ethical complexities often faced by leaders

Basic Math
1.2K views

The numbered disks shown are placed in a box and one disk is selected at...

Statistics
1.2K views

9 In how many ways can a seven card hand be dealt that contains exactly...

Accounting
1.2K views

choose a merchandise company (retailer) and describe two examples of potential businese transactions and the...

Accounting
1.2K views

Depreciation by Two Methods A Kubota tractor acquired on January 9 at a cost of...

Accounting
1.2K views

Problem 4-4 (LO 4-2) with a four-year remaining lide) having a book value of $512,000...

Accounting
1.2K views

Related to Checkpoint 9.2)(Yield to maturity)Abner Corporation's bonds mature in 16 years and pay 7...

Finance
1.2K views

Assignment Savo 7 TB MC Qu. 05-37 (Static) What happens when a company is operating...