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9. You are approved with a st are approved with a student loan for the 4-year college education to cover tuition $12,500 per semester. The

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9. You are approved with a st are approved with a student loan for the 4-year college education to cover tuition $12,500 per semester. The interest charge for this commercial student loan is APR 6% How much is vour debt at the time when you graduate from college after 4 years? a. $100,000 b. $108,250 c. $114,489 d. $125,323

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