I took out a student loan for $ 1 3 , 3 4 0 at an annual

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Question:

I took out a student loan for $

13, 340

at an annual interest rate of

8.7

okay I will be making monthly payments for

5

years after graduation but during the two years I was in school I did not make any loan payments what is my subsidized loan payment what will be my first payment

Posted Date: May 10, 2024 02:00 AM

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I took out a student loan for $ 1 3 , 3 4 0 at an annual

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Expert Answer:

To calculate the subsidized loan payment and the first payment after the 2year grace period we need ... View the full answer

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