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puteri [66]
3 years ago
13

You have an outstanding student loan with required payments of $ 500 per month for the next four years. The interest rate on the

loan is 8 % APR​ (compounded monthly). Now that you realize your best investment is to prepay your student​ loan, you decide to prepay as much as you can each month. Looking at your​ budget, you can afford to pay an extra $ 200 a month in addition to your required monthly payments of $ 500​, or $ 700 in total each month. How long will it take you to pay off the​ loan? ​(Note: Be careful not to round any intermediate steps less than six decimal​ places.)
Business
1 answer:
garik1379 [7]3 years ago
4 0

Answer:

35

Explanation:

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Answer:

The journal entry to record the sale transaction would be to "debit cash $295.50; debit credit card expense $4.50 and credit sales $300"

Explanation:

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It is crucial to understand the various factors contributing to your employees' stress as well as the consequences of it. Catego
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3 0
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6 0
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An example of a currency would be the US banknotes you have on hand. It is one of the coins issued by the United States, along with pennies, nickels and quarters. Currencies are also banknotes and coins issued by governments of other countries around the world.

Currency is anything of general value as a medium of exchange that can be exchanged for goods and services. The trading system within an economy is based on a currency, usually country-specific and issued by that country's government.

Learn more about currency here:brainly.com/question/24373500

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