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. Greg has a school debt of $9 875. He wants to make biweekly payments and pay off the loan in 4 years. If the interest rate is 6.3% compounded biweekly, how much are his paymen…

. Greg has a school debt of $9 875. He wants to make biweekly payments and pay off the loan in 4 years. If the interest rate is 6.3% compounded biweekly, how much are his paymen…
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. Greg has a school debt of $9 875. He wants to make biweekly payments and pay off the loan in 4 years. If the interest rate is 6.3% compounded biweekly, how much are his payments?

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User Zeb Kimmel
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7.8k points

1 Answer

3 votes
They would be approximately $15,553.12.
answered
User Jenthe
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7.9k points
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