Angelica Riordan received a four year non-subsidized student loan of $15,000 at an annual interest rate of 6.5%. What are Angelica's monthly loan payments for this loan after she graduates in four years? (round your answer to the nearest cent)

Angelica Riordan received a four year non-subsidized student loan of $15,000 at an annual interest rate of 6.5%. What are Angelica's monthly loan payments for this loan after she graduates in four years? (round your answer to the nearest cent)

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter4: Time Value Of Money

Section: Chapter Questions

Problem 25PROB

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