Answered

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Suppose that your unsubsidized Stafford loans plus accumulated interest total $ 35000 at the time you start repayment, the interest rate is 6% APR, and you elect the standard repayment plan of a fixed amount each month for 10 years. What is your monthly repayment?
Repayment amount =

How much will you pay in interest?
Interest paid =

Sagot :

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