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Walter predicts that after he graduates, his student loan debt will total R 2 4 5 0 0 . It has an interest rate of

Walter predicts that after he graduates, his student loan debt will total R24500. It has an interest rate of 6,5%. How much must he pay each month if he hopes to pay off this debt in full within five years?
a.
R476,79
b.
R471,30
c.
R479,37
d.
R473,6

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