Claudius took out an unsubsidized stafford loan at the beginning of his six-year college career. the loan had a principal of $4,

Question

2 years ago

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Claudius took out an unsubsidized stafford loan at the beginning of his six-year college career. the loan had a principal of $4,

850, an interest rate of 6.5% compounded monthly, and a duration of ten years. if claudius started paying off the loan when he graduated, what is his monthly payment? round all dollar values to the nearest cent. a. $71.37 b. $81.25 c. $55.07 d. $76.55

Mathematics

2 answers:

insens350 [35] · Answer 1 · 2023-02-25T07:32:44+03:00

insens350 [35]2 years ago

8 0

Answer:

b 81.25

seen it on quizlet

Step-by-step explanation:

aalyn [17] · Answer 2 · 2023-02-25T06:28:50+03:00

aalyn [17]2 years ago

7 0

Answer:

b.

$81.25

Step-by-step explanation:

taking it rn