Most students graduate from college with an average of $35,000 in student loans. Assume the interest rate on student loans is 7% and the loan will be paid back over a 10-year period. Calculate the monthly payment on a $35,000 student loan at 7% for 10 years. (End of period)

A. $350-$380/month

B. $385-$410/month

C. $2,000-$2,400/month

D. $4,500-$4,700/month