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Assume you graduate from university with a $ 2 3 comma 0 0 0 student loan. If your interest rate is fixed at 4 .

Assume you graduate from university with a $23 comma 000 student loan. If your interest rate is fixed at 4.36% APR with monthly compounding and you will repay the loan over a 10-year period, what will be your monthly payment?
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Part 1
The monthly payment will be $
238.65.
(Round to two decimal places.)

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