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7. Morgan recently graduated college with their degree and owes (d) $20,596 in student loans with an APR of 4.6% compounded monthly. They are expected

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7. Morgan recently graduated college with their degree and owes (d) $20,596 in student loans with an APR of 4.6% compounded monthly. They are expected to pay off the loan in 15 years. Round answers to two decimal places. h. What is the total amount Morgan wil pay when the ioan is compieter 8. Morgan decides to pay more than the required minimum monthly amount for their loan to pay off the loan faster. They want to have the loan paid in full after 10 years. Round answers to two decimal places. a. Assuming all the same conditions of the original student loan, what would Morgan's new monthly payment need to be if they wanted to pay off the loan in 10 years? (3 pt)

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