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You just graduated from college and had to borrow $50,000 in student debt to make it through. Your annual payment to your lender is $3,679.
You just graduated from college and had to borrow $50,000 in student debt to make it through. Your annual payment to your lender is $3,679. The term is 20 years.
How much total interest are you going to have to pay the lender over the term of the loan?
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