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When you graduate, you will have a balance of $150,000 in student loans. The government is charging 6% interest per year. You must repay the

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When you graduate, you will have a balance of $150,000 in student loans. The government is charging 6% interest per year. You must repay the balance in monthly payments over 10 years. How much is your payment? $1,665 O $1,943 O $915 O $1,312 O $1,138 You just won the lottery. You and your heirs will receive $40,000 per year forever, beginning one year from now. What is the present value of your winnings at an 10% discount rate? O $ 44,000 $387.500 O $400,000 $300,000 $437.500

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