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Waldo Weir is a Concordia student who is financing his education with a student loan. Suppose he owes $30,000 when he graduates. His loan has

Waldo Weir is a Concordia student who is financing his education with a student loan. Suppose he owes $30,000 when he graduates. His loan has an interest rate of 5% with equal monthly payments over 10 years. What is his monthly payment?

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