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Assume you graduate from college with $32,000 in student loans. If your interest rate is foed at 4.70% APR with monthly compounding and you repay
Assume you graduate from college with $32,000 in student loans. If your interest rate is foed at 4.70% APR with monthly compounding and you repay the loans over a 10 year period, what will be your monthly payment? Your monthly payment will be $. (Round to the nearest cent.) Enter your answer in the answer box
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
8th Edition
1264098723, 978-1264098729
