A recent graduate's student loans total $17,000. If these loans are at 4.2%, compounded quarterly, for 8 years, what are the quarterly payments? (Round your answer to the nearest cent.)
A recent graduate's student loans total $17,000. If these loans are at 4.2%, compounded quarterly, for 8 years, what are the quarterly payments? (Round your answer to the nearest cent.)
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 5Q: If Bergen Air Systems takes out a $100,000 loan, with eight equal principal payments due over the...
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A recent graduate's student loans total $17,000. If these loans are at 4.2%, compounded quarterly, for 8 years, what are the quarterly payments? (Round your answer to the nearest cent.)
$
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