Calculate the total cost of a 15 year $20,000 student loan at an interest rate of 4.5% compounded, monthly round to the nearest dollar provide your answer.

You need a loan of $165 comma 000 to buy a home. Calculate your monthly payments and total closing costs for each choice below. Briefly discuss how you would decide between the two choices. Choice 1: 15-year fixed rate at 4% with closing costs of $2100 and no points. Choice 2: 15-year fixed rate at 3.5% with closing costs of $2100 and 2 points.

You have been awarded a Pinder Foundation scholarship to help cover your living costs while studying at the University of Melbourne. The scholarship offers a regular payment of $1,000 per month for three years with the first payment occurring in one and a half months’ time. If the relevant discount rate is 9% p.a. compounding monthly, the present value of the scholarship today is closest to: Group of answer choices A. $32,789 B. $31,446 C. $31,330 D. Need more information to answer the question E. $42,474   I already calculated it and I got C ($31,330), is it true? I want to match it with my formula and the steps to solve it.

Create an Amortization schedule-see amortization video. How much student debt will I bear by the time I graduate? What will my student loan payments be? a. My undergraduate student debt is $32,500. I have secured a 4.08% annual rate (EAR) for a 25-year loan, identify the monthly payment. b. What is the total amount of interest paid on this loan? c. In total (interest plus principle) how much did you pay for this $32,500 loan?