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To pay for your education, you've taken out $39,000 in student loans. If you make monthly payments over 10 years at 4% APR interest compounded

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To pay for your education, you've taken out $39,000 in student loans. If you make monthly payments over 10 years at 4\% APR interest compounded monthly, how much are your monthly student loan payments? Your Answer: Answer Question 15 (0.15 points) You have already saved $6900 to buy a used car. You invest this money in a certificate of deposit earning 0.60% APR compounded monthly. How many years will it take your account to reach your target of $7225 in order to buy the new car? Your

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