ictor received an 8-year subsidized student loan of $22,000 at an annual interest rate of 4.85%. If Victor qualifies for an income-adjusted repayment plan of $300 per month, how long (in months) will it take him to repay the loan? (Round your answer up to the nearest month.
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Victor received an 8-year subsidized student loan of $22,000 at an annual interest rate of 4.85%. If Victor qualifies for an income-adjusted repayment plan of $300 per month, how long (in months) will it take him to repay the loan? (Round your answer up to the nearest month.
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- 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.)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)Samuel Ng received a 3-year subsidized student loan of $15,000 at an annual interest rate of 4%. What are Samuel's monthly loan payments for this loan when he graduates from college in 2 years? (Round your answer to the nearest cent.)
- 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.)Melissa Hernandez received an 8-year subsidized student loan of $24,000 at an annual interest rate of 4.1%. What are Melissa's monthly loan payments for this loan when she graduates in 1 year? (Round your answer to the nearest cent.)Melissa Hernandez received an 8 year subsidized student loan of $26,000 at an annual interest rate of 4.1%. What are Melissa's monthly loan payments for this loan when she graduates in one year? (round your answer to the nearest cent)
- Angelica received a 12-year non-subsidized student loan of $14,000 at an annual interest rate of 5.3% (compounded monthly). She will begin repaying the loan after she graduates in 4 years. How much interest must she pay on the loan during the period of time that payments on the loan are not being made? (Round your answer to the nearest cent.) $ Determine her monthly payment on the loan.Angelica Reardon received a 4-year non-subsidized student loan of $15,000 at an annual interest rate of 6.8%. What are Angelica's monthly loan payments for this loan after she graduates in 4 years? (Round your answer to the nearest cent.)Ryan obtain a nine year subsidized loan of $26,000 at an annual interest rate of 4%. If Ryan qualifies for an income adjusted repayment plan for $275 per month, how many months will it take her to repay the loan? Round your answer to the nearest month
- Angelica Riordan received a five-year non-subsidize student loan of $19,000 at an annual interest rate of 6.2%. what are Angelica's monthly loan payments for this loan after she graduate in four years? ( round your answer to nearest cent)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?Angelica received a 12-year non-subsidized student loan of $18,000 at an annual interest rate of 5.6% (compounded monthly). She will begin repaying the loan after she graduates in 4 years. (a) How much interest must she pay on the loan during the period of time that payments on the loan are not being made? (Round your answer to the nearest cent.) (b) Determine her monthly payment on the loan. (Round your answer to the nearest cent.)