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Consider a student loan of 22,500 at a fixed APR of 12% for 20 years what is the monthly payment?

Consider a student loan of 22,500 at a fixed APR of 12% for 20 years what is the monthly payment?
asked 42.0k views
5 votes
Consider a student loan of 22,500 at a fixed APR of 12% for 20 years what is the monthly payment?

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User Vivek Mehta
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8.4k points

1 Answer

3 votes
It would be $96.66 per month
answered
User Shontae
by
8.9k points
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