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The interest rate is 0.38% per month. Suppose you borrow $18483 for college expenses today. What will be your payments per month if you will
The interest rate is 0.38% per month. Suppose you borrow $18483 for college expenses today. What will be your payments per month if you will repay the loan with 51 equal monthly payments, with your first payment being made 45 months from today? (Rounded to the nearest 10 cents.)
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