document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1047139>Question 1047139</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Consolidating student loans\r<BR>\n" );
document.write( "\n" );
document.write( "Suppose I have two student loans one at $ 15,000 with an APR of 8% for 15 years and another one at $ 10,000 with an APR of 9.%  for 20 years. Calculate the monthly payments for each loan individually  and tell how much I will pay each month. And for how long I will have to pay that monthly amount. Over the course of each loan, how much total that I will have to pay? How much of that is interest? How much interest I will pay in total? I also have the opportunity to consolidate these 2 loans into a single loan with an APR of 8 % and a term of 12 years. What will be my monthly payment if I consolidate the 2 loans? How does that payment compare with what I am paying on the 2 loans individually? Does these results makes sense? Why or Why not? What will my total payment be over the life of the loan? How much of that is interest? What are the pros and cons of doing this consolidation? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #662747 by </B><A HREF=/tutors/aboutme.mpl?userid=solver91311><B>solver91311(24713)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=solver91311><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=solver91311><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=662747\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <font face=\"Times New Roman\" size=\"+2\">\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "One question per post. You asked 12 questions.  Which one do you want answered for free?  Alternatively, you can request a quote for doing the entire assignment.\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "John<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\LARGE e^{i\pi}\ +\ 1\ =\ 0\"><BR>\n" );
document.write( "My calculator said it, I believe it, that settles it<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" src=\"http://c0rk.blogs.com/gr0undzer0/darwin-fish.jpg\"><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\Large \ \\r\"> </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );