loyaltygirl
loyaltygirl loyaltygirl
  • 10-05-2021
  • Mathematics
contestada

Henry takes out a $20,250 student loan to pay for college tuition this year. The interest rate he pays is 6% for 15 years. How much interest will he owe?

Respuesta :

StudenyRevise
StudenyRevise StudenyRevise
  • 10-05-2021

Answer:

$1215 x 15 = $18225 This is over 15 years.

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