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Suppose that you have $49508 student loan with an APR of 6 percent compounded monthly. If your current tax rate is 14 percent, what is

Suppose that you have $49508 student loan with an APR of 6 percent compounded monthly. If your current tax rate is 14 percent, what is your after tax effective interest rate on your existing student loan?

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2.65215 %

5.30429 %

4.77386 %

6.63036 %

5.83472 %

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