Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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A student loan for $32,000 is paid back in monthly payments over ten years with an intrest rate of 6.5%.
a) find the monthly payment
b) find the total payments over 10 years
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