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kompoz [17]
2 years ago
7

Edgar has taken out a $6,250 unsubsidized Stafford loan to fund his four-year undergraduate degree. The loan has a duration of 1

0 years and an interest rate of 6.1%, compounded monthly. How much interest capitalization will have accrued by the time Edgar graduates? Round all dollar values to the nearest cent.
a.
$1,670.30
b.
$1,722.22
c.
$664.35
d.
$1,524.96


Please select the best answer from the choices provided.

A
B
C
D
Mathematics
1 answer:
maw [93]2 years ago
6 0

Answer:

the answer is B. 1,722.22

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Step-by-step explanation:

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3 years ago
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Pavlova-9 [17]
Let's simplify step-by-step. 
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4 0
3 years ago
What is the value of x in the equation -4 = 24<br> ?<br> -32<br> e-18<br> 18<br> 32
finlep [7]

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Ms. Roth has made 200 headbands and is deciding what price to charge for them.
vodomira [7]

Answer:

I THINK:

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earnstyle [38]
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6 0
3 years ago
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