Question: FIN 311> Chapter 5 Homework-Time... Problem 11 Intro You took out some student loans in college and now owe $10,000 You consolidated the loans into

 FIN 311> Chapter 5 Homework-Time... Problem 11 Intro You took out

FIN 311> Chapter 5 Homework-Time... Problem 11 Intro You took out some student loans in college and now owe $10,000 You consolidated the loans into one amortizing loan, which has an annual interest rate of 5% (APR Part 1 Attempt 2/5 for 5 pts If you make monthly payments of $200, how many months will it take to pay off the loan? Fractional values are acceptable decimals Submit

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