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Business, 06.05.2020 05:38 Confusedandlazy
Often, through government-supported programs, students may obtain "bargain" interest rates such as 6% or 8% to attend college. Frequently, payments are not due and interest does not accumulate until the student stops attending college. A student has borrowed $42 comma 000 at an annual interest rate of 6.4%. Calculate the amount of interest due 6 months after the student must begin payments.
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Often, through government-supported programs, students may obtain "bargain" interest rates such as 6...
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