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To pay for your education, you've taken out $24.000 in student loans. If you make monthly payments over 10 years at 6 percent compounded monthly,

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To pay for your education, you've taken out $24.000 in student loans. If you make monthly payments over 10 years at 6 percent compounded monthly, how much are your monthly student loan payments? The monthly payment of your student loan is $(Round to the nearest cent.)

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