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Carol borrows $ 3 1 , 6 7 0 to help pay for expenses. The loan is for 6 years and carries an annual rate

Carol borrows $

31, 670

to help pay for expenses. The loan is for

6

years and carries an annual rate of

4.6 % .

If she plans to make monthly payments, how much will she still owe after

3

years?

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