Yvette V.

asked • 04/30/16

is the monthly student loan balance the amount you owe every year

My loan is 9,500 a year for 4 years and I am trying to write a linear equation describing my monthly student loan balance.
 
 
 

Andrew M.

Is this loan given once per year in a lump sum of $9,500
or do you have a single loan of 4(9500) = $38,000?
What are your payment amounts and schedule if any?
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04/30/16

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