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(Annuity payments)To pay for your education, you've taken out $23,000 in student loans. If you make monthly payments over 10 years at 9 percent compounded
(Annuity payments)To pay for your education, you've taken out $23,000 in student loans. If you make monthly payments over 10 years at 9 percent compounded monthly, how much are your monthly student loan payments?
The monthly payment of your student loan is $ nothing. (Round to the nearest cent.)
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