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4. A student has student loans of $96,000. He would like to pay it back in 10 years. (10 points) a) Calculate the monthly
4. A student has student loans of $96,000. He would like to pay it back in 10 years. (10 points) a) Calculate the monthly payments if his loan has a fixed APR of 8%. b) What is the total amount that the student paid for his college education (principal and interest)?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
