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Q8 To pay for your education, you've taken out $35,000 in student loans. If you make monthly payments over 15 years at 7.4% compounded monthly,

Q8

To pay for your education, you've taken out $35,000 in student loans. If you make monthly payments over 15 years at 7.4% compounded monthly, how much are your monthly student loan payments?

$312.4

$322.5

$332.6

$342.7

$353.8

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