According to this graph, it should be B
Answer:
63783657865781645871661746656395761497567945659871264558716 million answers are possible but ill give u the most accurete answer its f659 degrees
Step-by-step explanation:
Answer:
Step-by-step explanation:
Answer:
Attached image step by step
Step-by-step explanation:
Answer:
The correct option is B.
Step-by-step explanation:
The formula for amount after compound interest is
Where P is principal, r is rate of interest, n is number of times interest compounded in a period, t is number of years.
It is given that Felix took out an unsubsidized student loan of $40,000 at a 3.6% APR, compounded monthly. The amount after 33 month is
The amount after 33 month is $44156.1074. So, the new principle amount is $44156.1074.
The monthly payment of $44156.1074 for 20 years is
Where, P.V. is present value, r is rate of interest and n is number of times interest compounded.
Therefore the correct option is B.