Question: Problem 10 Problem 12 Intro You took out some student loans in college and now owe $14,000. You consolidated the loans into one amortizing loan,

Problem 10 Problem 12 Intro You took out some student loans in college and now owe $14,000. You consolidated the loans into one amortizing loan, which has an annual interest rate of 6% (APR). Intro You took out a fixed-rate mortgage for $599,000. The mortgage has an annual interest rate of 8.4% (APR) and requires you to make a monthly payment of $4,563 - Attempt 2/10 for 8 pts. - Attempt 3/10 for 6 pts. Part 1 If you make monthly payments of $200, how many months will it take to pay off the loan? Fractional values are acceptable. Part 1 How many months will it take to pay off the mortgage? No decimals 1+ decimals Submit Submit

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