(1/8) x (1/4)= 1/32 which is approximately 0.03125% if you need it.
Answer:
The standard repayment plan.
Step-by-step explanation:
Here is the complete question :
SARAH makes $43,000 per year, is single, and lives in Connecticut. She has $19,000 in subsidized loans and $8000 in unsubsidized loans. Which repayment plan will be the cheapest for her in total?
The standard repayment plan is a repayment plan where a fixed sum is paid monthly for 10 years. This makes a total of 120 payments. The advantage of the standard repayment plan over the federal repayment plan is that less interest is paid and payment is made over a shorter period
Because unsubsidized loans accrue a higher interest expense when compared to subsidized loans, Sarah should pay off her unsubsidized loan first. This would minimise interest payment
Answer:
268
Step-by-step explanation:
add 126 then subtract 308
