Financial litercy project
By Jacob Edmiston
Collage: Baylor University
In order to go to Baylor my tuition per semester is $18,180.
The total tuition I need to obtain my degree at Baylor is $145,440.
My school loan terms would be $948.16.
The additional interest for a 2 year deferment is $159,128.23
The school loan payment after deferment is $560,575.87
Address: 1725 trego drive, justin tx
My loan terms: $50,000, for 30 years, interest rate was 3.79%
My monthly payments were $760.03.
The total interest over the life of the loan was $624.48
Q1: the biggest learning experience was learning how the future I going to be. I told me what job and what collage is in store for me.
Q2: during the project I had to change the price in my car because it was well over budget.
Q3: at the beginning of my childhood I wanted to have a fancy house and be a millionaire but I realized that is not going to happen.