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Theodora received an 8-year PLUS Loan of $13,000 to attend law school for her last 2 years. If the current interest rate is 8.38% and she starts her repayments 1 year after graduation, what are her monthly payments? (See Example 5 in this section. Assume the loan has a deferred payment plan. Round your answer to the nearest cent.)

User Yasd
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Answer:2178.89

Explanation:

User Kashiraja
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