Story Problem
Amber has a student loan she is repaying.
To pay it off in three years, she'll have to pay $263.24 a month and $366.56 will be the interest.
To pay it off in two years, she'll have to pay $389.62 a month and $251.92 will be the interest.
To pay it off in one year, she'll have to pay $769.16 a month and $129.91 will be the interest.
What is her current balnce and interest rate?
To pay it off in three years, she'll have to pay $263.24 a month and $366.56 will be the interest.
To pay it off in two years, she'll have to pay $389.62 a month and $251.92 will be the interest.
To pay it off in one year, she'll have to pay $769.16 a month and $129.91 will be the interest.
What is her current balnce and interest rate?
posted by Amberlynn @ 4/30/2006 10:33:00 AM
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