Suppose a Student Loan Has an Interest Rate of 5

question 63

Multiple Choice

Suppose a student loan has an interest rate of 5% compounded monthly with monthly payments and the borrower has 10 years to repay. If $9000 is borrowed, what are the monthly payments?

• A) $95.46
• B) $139.33
• C) $169.53
• D) $290.15

---

Definitions:

Speculum

An instrument that permits viewing inside a body cavity.

Surgical Asepsis

The practice of creating and maintaining a sterile environment to prevent infection during surgical procedures.

Body Cavity

A space within the body that holds and protects internal organs.

Retractor

Instrument used to hold back tissue, making the operative site easier to visualize.