Mathematics, 09.10.2019 00:30 shaylawhitacre

Ursula took out an unsubsidized stafford loan to pay for her first of her four years at college. the loan had a principal of $6,400, an interest rate of 6.9% compounded monthly. after college, ursula started making monthly payments over a 10 year period on her loan. what percentage of the total cost of the loan is the finance charge? a. 45.25% b. 27.91% c. 43.50% d. 82.66%

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Ursula took out an unsubsidized stafford loan to pay for her first of her four years at college. th...

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