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Goryan [66]
3 years ago
8

If Rich decides to make no payments during the 4.5 years, the interest will be capitalized at the end of that period. a. what wi

ll the new principal be when he begins making loan payments? b. How much interest will he pay over the llfe of the loani 1. Suppose Rich only paid the interest during his 4 years in school and th
Mathematics
1 answer:
Setler79 [48]3 years ago
5 0

Answer:

a. $9,425.10

b. $3,707.60

Step-by-step explanation:

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