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Suppose that you owe $20,000 when you graduate from UWM. Your Direct Subsided Student Loan has an annual interest rate of 5.05%. If you want

Suppose that you owe $20,000 when you graduate from UWM. Your Direct Subsided Student Loan has an annual interest rate of 5.05%. If you want to pay back the entirety of your loan in 10 years, what would be your payment per mon

(hint: dont forget to change the annual rate to a monthly rate for your calculation).

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