Liz's student loan of $26,000 at 5.02% compounded quarterly was amortized over 4 years with payments made

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Liz's student loan of $26,000 at 5.02% compounded quarterly was amortized over 4 years with payments made at the end of every month. What was the principal balance on the loan after 3 years?

Round to the nearest cent

Posted Date: May 18, 2024 07:14 PM

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Liz's student loan of $26,000 at 5.02% compounded quarterly was amortized over 4 years with payments made

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