Question: Mth 154 math question help Use Excel for the following: Catalina has two student loans. Loan 1 is $15,000 with an APR of 5% for

Mth 154 math question help

Use Excel for the following: Catalina has two student loans. Loan 1 is $15,000 with an APR of 5% for 10 years, compounded monthly. Loan 2 is $22,000 with an APR of 4.5% for 15 years, compounded monthly. A bank offers to consolidate her loans into a single loan with an APR of 3.8% for 12 years, compounded monthly. How much money will she save by consolidating? $3940.65 $2628.33 $4992.08 $3253.05 $5119.24

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