Mathematics, 03.02.2021 06:30 tinyturtles
Olivia has taken out a $31,100 unsubsized Stafford Loan to pay for her college education. She plans to graduate in four years. The loan has a duration of ten years and an interest rate of 7.6% compounded monthly. By the time Olivia graduates, how much greater will the amount of interest capitalized be than the minimum amount that Olivia could pay to prevent interest capitalization? Round all dollar values to the nearest cent.
A) $654.45
B) $477.27
C) $955.60
D) $354.22
Please explain this to me I am so lost.
Answers: 2
Another question on Mathematics
Mathematics, 20.06.2019 18:04
Any greatly appreciated! you in advance. jody bought 20 shares of amazon at the close price of $121.00. she bought 20 more shares a year later at the price of $127.00. two years later she's sold all of her shares at the price of $133.00. her broker charges $50 for each transaction. after all of these transactions how much money did jody make? a.$65.00b.$5288.00c.$210.00d.$310.00
Answers: 1
Mathematics, 21.06.2019 21:30
Jude is making cement for a driveway. the instructions show the amount of each ingredient to make 1 batch of cement. complete each statement to adjust the ingredients for each new situation if jude uses these instructions.
Answers: 3
Mathematics, 22.06.2019 02:00
Prove the following(cot0+cosec0)[tex](cot0 + cosec0) { }^{2} = \frac{1 + cos0}{1 - cos0} [/tex]
Answers: 1
Mathematics, 22.06.2019 02:00
The price of a lawn mower is x dollars. the store is having a 75% end of summer clearance sale. which expression can be used to find the clearance price of the mower? a) .25x b) .75x c) x - .25(75) d) x + .25(75)
Answers: 3
You know the right answer?
Olivia has taken out a $31,100 unsubsized Stafford Loan to pay for her college education. She plans...
Questions
Computers and Technology, 26.11.2019 18:31
