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Assume you graduate from college with ( $ 3 4 , 0 0 0 ) in student loans. If your interest rate

Assume you graduate from college with \(\$ 34,000\) in student loans. If your interest rate is fixed at \(4.60\%\) APR with monthly compounding and you repay the loans over a 10-year period, what will be your monthly payment? (Note: Be careful not to round any intermediate steps less than six decimal places.) Your monthly payment will be \(\$ \)(Round to the nearest cent.)

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