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14.John has student loan debt totaling $25,000.He can finance the debt for 10 years at 6.5% a)Calculate the monthly payment. b)Determine the total payment over
14.John has student loan debt totaling $25,000.He can finance the debt for 10 years at 6.5%
a)Calculate the monthly payment.
b)Determine the total payment over the life of the loan.
c)Determine how much of the total goes to interest.
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