Asked by amber
I need help with a math question problem
Answers
Answered by
amber
Journal 4- Long Term Debt
Look at the long term debt below. Then choose the best plan for repayment of that debt. Explain why this decision is the best one for you. Use vocabulary terms from the lessons in week 4.
Education Loan:
Bank Options $ % Interest Total Length of Loan Monthly Payments
Bank 1 $10,000 6% 5 years =
60 months
Bank 2 $10,000 12% 10 years = 120 months
Look at the long term debt below. Then choose the best plan for repayment of that debt. Explain why this decision is the best one for you. Use vocabulary terms from the lessons in week 4.
Education Loan:
Bank Options $ % Interest Total Length of Loan Monthly Payments
Bank 1 $10,000 6% 5 years =
60 months
Bank 2 $10,000 12% 10 years = 120 months
Answered by
Ms. Sue
I can't help you with this because I don't know the vocabulary covered in this lesson and I certainly don't know which repayment plan is best for you.
Answered by
amber
Are you ok Ms Sue?
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