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E Question 23, Instructor-... HW Score: 36.67%, 16.5 of 45 points O Points: 0 of 2 Save One month from today, you begin paying
E Question 23, Instructor-... HW Score: 36.67%, 16.5 of 45 points O Points: 0 of 2 Save One month from today, you begin paying back your $57,000 student loan, which pays a constant monthly rate of .38% per month (monthly compounded). Your payments will rise 0.19% each month, and you will make 144 payments in all. A. What is your first payment? Answer in dollars and cents. $ B. What is your first payment if it occurs two years from today? $
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