Question: What is the total amount Bae will have to repay for his $24,257 student loan it the interest rate is 4 percent over 10 years?

What is the total amount Bae will have to repay for his $24,257 student loan it the interest rate is 4 percent over 10 years? What is the total amount he would have to repay if the $24257 was a grant instead of a loan? Click on the table icon to view the Monthly installment Loan Payment Factor (MILPF) table ? The total amount Bae will have to repay for his student loans is (Round to the nearest cont) 4.00% 4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 5.75% 6.00% 6.25% 6,50% 6.75% 7.00% Monthly Installment Loan Tables ($1,000 loan with interest payments compounded monthly) 12 18 24 30 36 48 60 72 84 168.62 85.15 57.33 43.42 35.08 29.52 22.58 18.42 15.65 13.67 168.74 85 26 57.44 43.54 35.19 29.64 22.69 18.53 15.76 13.78 168.86 85.38 57 56 43.65 35.31 29 75 22.80 18.64 15.87 13.90 168.98 85.49 57.67 43.76 35.42 29.86 22.92 18.76 15.99 14.02 169.11 85.61 57.78 43.87 35.53 29.97 23.03 18.87 16.10 14.13 169.23 85.72 57.89 43.98 35.64 30.08 23.14 18.99 16.22 14.25 169.35 85.84 58.01 44.10 35.75 30.20 23.26 19.10 16:34 14.37 169.47 85.95 58.12 44.21 35.87 30 31 23.37 19.22 16.46 14.49 169.60 86.07 58 23 44.32 35.98 30.42 23.49 19.33 16:57 14.61 169.72 86.18 58.34 44.43 36.09 30.54 23.60 19.45 16.69 14.73 169.84 86.30 58.46 44.55 36.20 30.65 23.71 19.57 16 81 14.85 169.96 86.41 58.57 44.66 36.32 30.76 23.83 19.68 16.93 14.97 170.09 86.53 58.68 44.77 36.43 30.88 23.95 19.80 17.05 15.09 96 12.19 12.31 12.42 12.54 12.66 12.78 12.90 13.02 13.14 13.26 13.39 13.51 13,63 120 10.12 10.24 10.36 10.48 10.61 10.73 10.85 10.98 11.10 11.23 11.35 11.48 1161
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