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To use iCloud on this Mac the new Terms and Condit 10. [0/1 Points] DETAILS MY NOTES AUFQR1 4.5.008. 1/6 Submissions Used PREVIOUS ANSWERS H ASK YOUR TEACHER Victor received an 8-year subsidized student loan of $28,000 at an annual interest rate of 4.25%. If Victor qualifies for an income-adjusted repayment plan of $400 per month, how long (in months) will it take him to repay the loan? (Round your answer up to the nearest month.) 94 9. [0/1 Points] months DETAILS MY NOTES AUFQR1 4.5.007. 3/6 Submissions Used PREVIOUS ANSWERS ASK YOUR TEACHER Jefferson qualifies for an income-adjusted monthly payment of $405. If Jefferson has a subsidized student loan of $48,000 at an annual interest rate of 4% (compounded monthly), how many months are required to repay the loan? (Round your answer up to the nearest month.) 8. [0/1 Points] months DETAILS MY NOTES AUFQR1 4.5.006. 2/6 Submissions Used PREVIOUS ANSWERS ASK YOUR TEACHER AM Lois received a 9-year subsidized student loan of $38,000 at an annual interest rate of 3.875%. Determine her monthly payment on the loan after she graduates in 3 years. (Round your answer to the nearest cent.) $ 1,253.09 X 6. [0/2 Points] DETAILS MY NOTES AUFQR1 4.5.003.EP. 1/6 Submissions Used PREVIOUS ANSWERS ASK YOUR TEACHER Angelica received a 12-year non-subsidized student loan of $16,000 at an annual interest rate of 5.9% (compounded monthly). She will begin repaying the loan after she graduates in 4 years. How much interest must she pay on the loan during the period of time that payments on the loan are not being made? (Round your answer to the nearest cent.) $ 9,131.17 X Determine her monthly payment on the loan. (Round your answer to the nearest cent.) $ 96.04 X AM To use iCloud on this Mac the new Terms and Condit 10. [0/1 Points] DETAILS MY NOTES AUFQR1 4.5.008. 1/6 Submissions Used PREVIOUS ANSWERS H ASK YOUR TEACHER Victor received an 8-year subsidized student loan of $28,000 at an annual interest rate of 4.25%. If Victor qualifies for an income-adjusted repayment plan of $400 per month, how long (in months) will it take him to repay the loan? (Round your answer up to the nearest month.) 94 9. [0/1 Points] months DETAILS MY NOTES AUFQR1 4.5.007. 3/6 Submissions Used PREVIOUS ANSWERS ASK YOUR TEACHER Jefferson qualifies for an income-adjusted monthly payment of $405. If Jefferson has a subsidized student loan of $48,000 at an annual interest rate of 4% (compounded monthly), how many months are required to repay the loan? (Round your answer up to the nearest month.) 8. [0/1 Points] months DETAILS MY NOTES AUFQR1 4.5.006. 2/6 Submissions Used PREVIOUS ANSWERS ASK YOUR TEACHER AM Lois received a 9-year subsidized student loan of $38,000 at an annual interest rate of 3.875%. Determine her monthly payment on the loan after she graduates in 3 years. (Round your answer to the nearest cent.) $ 1,253.09 X 6. [0/2 Points] DETAILS MY NOTES AUFQR1 4.5.003.EP. 1/6 Submissions Used PREVIOUS ANSWERS ASK YOUR TEACHER Angelica received a 12-year non-subsidized student loan of $16,000 at an annual interest rate of 5.9% (compounded monthly). She will begin repaying the loan after she graduates in 4 years. How much interest must she pay on the loan during the period of time that payments on the loan are not being made? (Round your answer to the nearest cent.) $ 9,131.17 X Determine her monthly payment on the loan. (Round your answer to the nearest cent.) $ 96.04 X AM
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