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10-09-2021
Mathematics

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Taylor took out a student loan for $6,000 and agreed to pay it off with monthly payments over 12 years at a 5%
interest rate compounded monthly. This made her monthly payments $59. How much will Taylor end up paying
in interest?

Taylor took out a student loan for 6000 and agreed to pay it off with monthly payments over 12 years at a 5 interest rate compounded monthly This made her month class=

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nflcurt6 nflcurt6

15-09-2021

Answer:

The answer is 1788 as it is imputed in the photo

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