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GUCOTTON As an independent student, your sister borrowed $5,000 in her first semester of college through an Unsubsidized Stafford loan at 7.0% APR, compounded quarterly.

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GUCOTTON As an independent student, your sister borrowed $5,000 in her first semester of college through an Unsubsidized Stafford loan at 7.0% APR, compounded quarterly. After her first semester, she was able to work her way through school and she graduated three years later without any additional loans. Since your sister did not make any loan payments while she was in school, what is her loan balance upon graduation? TT T Arial 3 (12pt) VT ABC Path:p Words:0 QUESTION 8 Your uncle is ready to purchase a house that costs $750.000. He wants the minimum LTV to avoid PMI. He qualifies for a 30-vear fixed-rate loan

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