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P6-7 (similar to) Questio (Annuity payments) To pay for your education, you've taken out $29,000 in student loans. If you make monthly payments over 15
P6-7 (similar to) Questio (Annuity payments) To pay for your education, you've taken out $29,000 in student loans. If you make monthly payments over 15 years at 9 percent compounded monthly, how much are your monthly student loan payments? The monthly payment of your student loan is $ (Round to the nearest cent.)
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