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Assume you graduate from university with a $ 3 7 , 0 0 0 student loan. If your interest rate is fixed at 4 .

Assume you graduate from university with a $37,000 student loan. If your interest rate is fixed at 4.14% APR with
monthly compounding and you will repay the loan over a 20-year period, what will be your monthly payment?
The monthly payment will be $
(Round to two decimal places.)
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