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Pharoah's student loan balance is $12070. She is considering refinancing the loan. The lender is offering payments of $2100 at the end of each year

image text in transcribed Pharoah's student loan balance is $12070. She is considering refinancing the loan. The lender is offering payments of $2100 at the end of each year for the next 8 years. The interest rate that the lender is offering is 5%. 6%. 8%. 10%

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