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When she graduated from college, Maria was able to defer payment on her $ 4 0 , 0 0 0 student loan for 1 8
When she graduated from college, Maria was able to defer payment on her $ student loan for months. However, the government was no longer paying for the interest on her loan so it was added to the principal until her payments began. The annual interest rate was and interest was compounded monthly.
What formula would you use to figure out the amount of her loan when she began to repay it
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