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you take a student loan of $60,000 to go to a private college. interest is 5.5% compounded monthly. The life of the loan is 20 years. How much is the total cost of the loan
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you take a student loan of $60,000 to go to a private college. interest is 5.5% compounded monthly. The life of the loan is 20 years. How much is the total cost of the loan

User Bsam
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1 Answer

11 votes

Answer:

637 DOLLARS

Explanation:

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User Fuzz Evans
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