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You estimate that you will owe $45, 300 in student loans by the time you graduate. The interest rate is 4.25 percent. If you want

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You estimate that you will owe $45, 300 in student loans by the time you graduate. The interest rate is 4.25 percent. If you want to have this debt paid in full within ten years, how much must you pay each month? a. $411.09 b. $464.04 c. $514.28 d. $536.05 e. $542.50 Currently, 1 year CD rate is 4% and 2 year CD rate is 5%. According to the expectations hypothesis, what is the projected 1 year CD rate, which will be available one year from today? a. 2% b. 2.5% c.3% d.3.5% e.4%

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