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You graduate college and have $ 3 5 , 0 0 0 in student loans. The rate on your loans is 5 . 4 %

You graduate college and have $35,000 in student loans. The rate on your loans is 5.4%The loan originator offers to allow you to make payments as low as $200 per month . You pay $200 per month for 10 years. How much do you still owe? $ How much have you put it, in dollars, after 10 years? How many years will it take you to repay the loan at this rate? You want to pay off the debt in 10 years, maxWhat payment will you need to make?

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