While Bob Jones was a student at Tiffin University, he borrowed $43,063 in student loans at an annual rate of 7 percent. If Bob repays $500 per month, how long, to the nearest year, will it take him to repay the loan?

Jeffrey Wei received a 6 year non-subsidized student loan of $30,000 at an annual interest rate of 5.9%. what are Jeffrey's monthly loan payments for this loan after he graduates in four years? (Round your answers to the nearest cent)

Tom borrowed $300,000 for his son Remy's law school tuition at the University of Missisippi. Tom received a rate of 3.75 for five years. Using 360 days in a year. what is the maturity value of the loan?

Please help me answer the following time value of money question. Edison borrowed $10,000 from the Niederriter Loan Company. He has to pay off the loan in 36 monthly payments of $500.  What interest rate is he being charged?

Sandy Kupchack just graduated from State University with a bachelor's degree in history. During her four years at the university, Sandy accumulated $10,750 in student loans. She asks for your help in determining the amount of the quarterly loan payment. She tells you that the loan must be paid back in five years and that the annual interest rate is 8%. Payments begin in three months. (EV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1 (Use appropriate factor(s) from the tables provided.) Required: Determine Sandy's quarterly loan payment. (Round your final answers to nearest whole dollar amount.) Table or calculator function Present value: Quarterly payment

Derrick recently graduated. He owes $17,525 in student loans with APR of 4.6% compounded monthly. He is expected to pay off his loan in 15 years. Round answer to two decimal points a. Under the current terms of his loan what is Derricks minimum payment? b. What is the total amount Derrick will pay when the loan is complete? c. How much will Derrick pay in interest? d. Derrick wants to pay more than the required monthly amount for his loan. Assuming the same conditions of the original student loan what would Derrick new monthly payment would be if he pay off loan in 10 years e. What is the total amount Derrick will pay if they pay off the loan in 10 years? f. With the 10 year loan how much will Derrick pay in interest?

Sandy Kupchack just graduated from State University with a bachelor’s degree in history. During her four years at the university, Sandy accumulated $11,500 in student loans. She asks for your help in determining the amount of the quarterly loan payment. She tells you that the loan must be paid back in five years and that the annual interest rate is 8%. Payments begin in three months. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

Jeffery Wei received a 6-year non-subsidized student loan of $31,000 at an annual interest rate of 5.9%. What are Jeffery's monthly loan payments for this loan after he graduates in 4 years? (Round your answer to the nearest cent.)

Victor received an 8-year subsidized student loan of $23,000 at an annual interest rate of 4.25 %. If Victor qualifies for an income - adjusted repayment plan of $500 per month, how long (in months) will it take him to repay the loan? (Round your answer up to the nearest month.)

Nikul