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5) Calculate the total value of a typical student loan of about $45,000 using compound interest paying an annual interest rate of 8 percent for
5) Calculate the total value of a typical student loan of about $45,000 using compound interest paying an annual interest rate of 8 percent for 20 years. How much is the student paying on interest only for the period? (8 points)
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Surviving In General Management
Authors: Philip Berman, Pauline Fielding
1st Edition
9780333483145
