Total payment over the term

timer Asked: Jun 1st, 2013

Question description

Determine the total payment over the term of a student loan of $170,106 at a fix APR of 9.1% for 15 years, what will be the payback?:

a) 312,493,74

b) 312, 659,48

c) 312,383,20

d) 312,304,23

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