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(Annuity payments) To pay for your education, you've taken out $29,000 in student loans. If you make monthly payments over 11 years at 8 percent
(Annuity payments) To pay for your education, you've taken out $29,000 in student loans. If you make monthly payments over 11 years at 8 percent compounded monthly, how much are your monthly student loan payments? The monthly payment of your student loan is $. (Round to the nearest cent.)
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Managerial Finance
Authors: John Fred Weston, Eugene F. Brigham, John Boyle, Robin John Limmack
1st Edition
0039101975, 978-0039101978
