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Question 12 4 pt Calculate the monthly payment for a student loan of $61,000 at a fixed APR of 7% for 20 years. $326.35 $412.70

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Question 12 4 pt Calculate the monthly payment for a student loan of $61,000 at a fixed APR of 7% for 20 years. $326.35 $412.70 $472.93 $254.17 Question 13 4 pts A bank offers a rate of 6.25% compounded monthly Find the effective rate of interest

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