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22. Suppose a student loan has an interest rate of 5% compounded monthly with monthly payments and the borrower has 10 years to repay. If

22. Suppose a student loan has an interest rate of 5% compounded monthly with monthly payments and the borrower has 10 years to repay. If S9000 is borrowed, what are the monthly payments? A) $95.46 B) $139.33 C) $169.53 D) $290.15

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