8. Morgan decides to pay more than the required minimum monthly amount for their loan...
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8. Morgan decides to pay more than the required minimum monthly amount for their loan to pay off the loan faster. They want to have the loan paid in full after 10 years. Round answers to two decimal places. a. Assuming all the same conditions of the original student loan, what would Morgan's new monthly payment need to be if they wanted to pay off the loan in 10 years? (3 pt) b. What is the total amount Morgan will pay if they pay off the loan in 10 years? (4 pt) c With the 10-year loan, how much will Morgan pay in interest? (4 pt)
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