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You expect to graduate with $24,445 in student loans. The interest rate on your loan is 5.5 percent compounded monthly and the loan calls for
You expect to graduate with $24,445 in student loans. The interest rate on your loan is 5.5 percent compounded monthly and the loan calls for fixed monthly payments. If you repay the loan in 30 years how much are you paying in total interest over the life of the loan?.
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