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Lois received a 9-year subsidized student loan of $35,000 at an annual interest rate of 3.125%. Determine her monthly payment on the loan after she
Lois received a 9-year subsidized student loan of $35,000 at an annual interest rate of 3.125%. Determine her monthly payment on the loan after she graduates in 3 years. (Round your answer to the nearest cent.)
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