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Intro You've just taken out a student loan with a quoted interest rate of 3.1%. You will have to pay back $1,500 in 14 years,

Intro You've just taken out a student loan with a quoted interest rate of 3.1%. You will have to pay back $1,500 in 14 years, with no intermediate payments necessary. Part 1 - 1 - Attempt 1/10 for 10 pts. How much did you borrow if interest is compounded annually? How much did you borrow if interest is compounded monthly? Part 3 How much did you borrow if interest is compounded daily

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