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Michael took a graduate course at Caldwell college that cost $1,875. He had to take a student loan at a rate of 5 1/2% out

Michael took a graduate course at Caldwell college that cost $1,875. He had to take a student loan at a rate of 5 1/2% out to pay for it. If he plans on paying the loan off in 2 years.How much will he pay in total for the class?

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