Question: Problem 10 Intro You took out some student loans in college and now owe $12,000. You consolidated the loans into one amortizing loan, which has

Problem 10 Intro You took out some student loans in college

Problem 10 Intro You took out some student loans in college and now owe $12,000. You consolidated the loans into one amortizing loan, which has an annual interest rate of 8% (APR). Part 1 Attempt 2/10 for 9 pts. If you make monthly payments of $200, how many months will it take to pay off the loan? Fractional values are acceptable. 1+ decimals Submit

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