Answer:
I think it is 730
Step-by-step explanation:
I hope this helped o(〃＾▽＾〃)o
The present worth of the loan is <span>$6,250
</span>The start of payment will after 4 years
The nominal interest rate is 6.1% compounded monthly which is equal to 6.27% effective.
The future worth (after graduation) of the loan is
F = <span>$6,250 (1 + 0.0627)^4 = $7,971.18
The interest is
</span>$7,971.18 - $6,250 = $1,721.18
I didn't round off when solving these so it's not the exact answer among the choices but the closest is letter B <span>$1,722.22</span>
You would do 200 times 1.58 and that gets you 316 hope this helps :)
(20:4)x3=15 (Ellas grade)
(20:5)x4=16 (Minhs grade)
Answer:
B is your answer to this question.
Step-by-step explanation:
