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Chapter 1, Section 1.1, Question 17 (a) How long will it take to pay off a student loan of $22000 if the interest paid on
Chapter 1, Section 1.1, Question 17 (a) How long will it take to pay off a student loan of $22000 if the interest paid on the principal is 5% and the student pays $230 per month. The time talen to pay off the student loan-l years. (Round the answer to three decimal places.) (b) What is the total amount of money repaid by the student? The total amount of money repaid by the student is $ (Round the answer to the nearest integer.)
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