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Avery used student loans to pay for school. She plans to pay back 12% of the $19,700 she owes, each year. How much will Avery pay each year

Avery used student loans to pay for school. She plans to pay back 12% of the $19,700 she owes, each year. How much will Avery pay each year
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3 votes
Avery used student loans to pay for school. She plans to pay back 12% of the $19,700 she owes, each year. How much will Avery pay each year

User Irfan Zulfiqar
by
8.2k points

1 Answer

5 votes

Answer:

Annual payment of $2,364

Explanation:

12% of 19700

User Alextrastero
by
8.0k points
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