Jessica took out a Stafford loan worth $7,175 at the beginning of her six-year college career. The loan has a duration of ten years and an interest rate of 6.3%, compounded monthly. How much greater will Jessica’s monthly payment be if the loan is unsubsidized than if the loan is subsidized? Round all dollar values to the nearest cent.

what statement? is there an image?

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of

for this case we have that by definition, the surface area of a cylinder is given by:

where:

r: it is the radius of the cylinder

h: it is the height of the cylinder

we can also rewrite it as:

where:

la: it's the lateral area

ba: area of the base

option a

yeah i know the problem you need. i am taking it right now. the answer is step 3

~mickey