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    Using and Understanding Mathematics
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    Exam 4: Managing Money
  5. Question
    Solve. -Calculate the Monthly Payment for a Student Loan of $42,434
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Solve. -Calculate the Monthly Payment for a Student Loan of $42,434

Question 75

Question 75

Multiple Choice

Solve.
-Calculate the monthly payment for a student loan of $42,434 at a fixed APR of 7% for 10 years.


A) $591.47
B) $422.19
C) $492.69
D) $739.78

Correct Answer:

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