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Intro You took out a student loan in college and now have to pay $1,500 every year for 5 years, starting one year from now.

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Intro You took out a student loan in college and now have to pay $1,500 every year for 5 years, starting one year from now. The annual interest rate on the loan is 4%. Attempt 2/3 for 10 pts. Part 1 What is the present value of the 5 yearly payments? + decimals Submit

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