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Business, 11.01.2021 15:40 hdwoody2002

A student takes out a college loan of $7000 at an annual percentage rate of 5%, compounded monthly. a. If the student makes payments of $800 per month, how much, to the nearest dollar, does the student owe after 5 months

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A student takes out a college loan of $7000 at an annual percentage rate of 5%, compounded monthly....
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