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Theodora received an 8-year PLUS Loan of $17,000 to attend law school for her last 2 years. If the current interest rate is 5.62% and

Theodora received an 8-year PLUS Loan of $17,000 to attend law school for her last 2 years. If the current interest rate is 5.62% and she starts her repayments 1 year after graduation, what are her monthly payments? (Assume the loan has a deferred payment plan. Round your answer to the nearest cent.)

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