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You estimate that you will owe $46,700 in student loans by the time you graduate. The interest rate is 3.75 percent. If you want to

You estimate that you will owe $46,700 in student loans by the time you graduate. The interest rate is 3.75 percent. If you want to have this debt paid in full within eight years, how much must you pay each month?

a- 587.97

b- 464.04

c- 514.28

d- 525.64

e- 563.82

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