You estimate that you will owe 42800 in student loans by


You estimate that you will owe $42,800 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 six years, how much must you pay each month?

a.) 611.09
b.) 674.50
c.) 714.28
d.) 736.05
e.) 742.50

 

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Finance Basics: You estimate that you will owe 42800 in student loans by
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