College Loan Project

Kaitlin Hale
2nd hour
Mr. Kelly

Unsubsidized Loans: Government does not pay interest and does not help out with financial needs.
Subsidized Loans: Government pays for interest, helping out with financial needs

Unsubsidized: 3.86%
Subsidized: 3.86%

Discover: 5.49

4 ---> 5000              5000(1.0549) to the 4th power= 6191

3 ---> 5000                                                                 5869

2 ---> 5000                                                                 5564

1 ---> 5000                                                            +   5274       
                                                                                22,898

A= 22,898     (1.0549) to the 10th power
A= 39,076.03

39,076.03 = $325.63 a month for 10 years
    120

                                                         

 

I created this art work on GeoGeBra. The family of functions I used are Sin and Cos.