You have a student loan of $15,000 with annual interest of 7.0%/year and have received an unexpected
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You have a student loan of $15,000 with annual interest of 7.0%/year and have received an unexpected bonus from work of $5,000. Should you put the cash towards paying off your loan or to buy Treasury notes? Why?
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118644942
6th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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