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Desiree will be finishing her payments on her 15-year, $28,000 student loan and wants to know the amount of interest she paid over the course
Desiree will be finishing her payments on her 15-year, $28,000 student loan and wants to know the amount of interest she paid over the course of the loan. The student loan has a fixed 2.4% fixed interest that is compounded monthly. Calculate the total amount of interest Desiree paid, rounding to the nearest cent.
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