How much will her annual payments be to get rid of the debt

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A 22 year old borrowed $4000 under a student loan 4 years ago when the i=4.06% per year. $5000 was borrowed 3 years ago at 3.42%, 2 years ago she borrowed $6000 at 5.23%, and last year she borrowed $7000 at 6.03% per year., Now she wants to consolidate all this debt into a single 20yr loan starting in 1 year to repay the total debt. How much will her annual payments be to get rid of the total debt?

Reference no: EM13236502

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