Question: Please solve part 2 ONLY to this question use a financial calculator 1. Assume you borrow 10,000.00 per year for four years of college. If

Please solve part 2 ONLY

Please solve part 2 ONLY to this question use a financial calculator to this question use a financial calculator

1. Assume you borrow 10,000.00 per year for four years of college. If the interest is deferred and compounded annually at 7 percent, how much will you owe at the end of 4 years when you graduate? Answer =$47,507.39 2. Using the information form above, if the loans continue to charge 7% compounded annually and you make 3,600.00 annual payments ( 300.00 a month) how long will it take to pay off your student loans

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