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Suppose that your unsubsidized Stafford loans plus accumulated interest total $ 32000 at the time you start repayment, the interest rate is 6.5% APR, and

Suppose that your unsubsidized Stafford loans plus accumulated interest total $ 32000 at the time you start repayment, the interest rate is 6.5% APR, and you elect the standard repayment plan of a fixed amount each month for 10 years. What is your monthly repayment?

Repayment amount

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