These are the given to the question above:
Loan Balance: $20,000.00
Loan Interest Rate: 7.00%
Monthly Loan Payment: $232.22
Number of Payments: 120 (10 years)
Cumulative Payments: $27,865.87
Total Interest Paid: $7,865.87
What dollar amount of each monthly payment is interest? $655.49
What percent of the total payments is total interest? 28.22%
It is estimated that you will need an annual salary of at least $27,866.40 to be able to afford to repay this loan. This estimate assumes that 10% of your gross monthly income will be devoted to repaying your student loans
It can be expressed by 4(3)+4(9) you take the digit outside of the bracket and multiple by each individual digit inside the bracket.
85/136 x 100 = 8500/136 = 62.5%
Answer: -3(5t+2
Step-by-step explanation:
Answer:
-19.8= Answer Answer
Step-by-step explanation:
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