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Mary has taken out a student loan for $10,000 at an annual interest rate of 10%. The loan must be repaid using monthly payments in

Mary has taken out a student loan for $10,000 at an annual interest rate of 10%. The loan must be repaid using monthly payments in 10 years.

1. Determine her monthly payments. (5 pts.)

2. Determine her final payment. (5 pts.)

3. How much did she pay in interest after repaying the loan? (5 pts.)

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