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7 Suppose that your unsubsidized Stafford loans plus accumulated interest total $31000 at the time you start repayment, the interest rate is 8.5%APR, and you

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Suppose that your unsubsidized Stafford loans plus accumulated interest total $31000 at the time you start repayment, the interest rate is 8.5%APR, and you elect the standard repayment plan of a fixed amount each month for 10 years. What is your monthly repayment? Repayment amount = How much will you pay in interest? Interest paid =

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