Noah took out \$20,968 in private student loans at 16 percent APR. His cousin Ava took out the same amount of studentloans, but she got a federal...
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# Noah took out ​\$20,968 in private student loans at 16 percent APR. His cousin Ava took out the same amount of

student​ loans, but she got a federal student loan with an APR of 4.75 percent. What is the difference in the amounts Noah and Ava will pay for their student loans​ (over 10 ​years), assuming the interest starts accumulating on the same​ day?

The total amount Noah will pay for his student loan is ​\$____. ​(Round to the nearest​ cent.)

a. the difference in the amounts Noah and Ava will pay for their student... View the full answer

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