Maribel was approved for a 7-year private student loan at 6.8% to cover her college costs of

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Maribel was approved for a 7-year private student loan at 6.8% to cover her college costs of $10,900.
a. Determine her monthly payment. Round to the nearest cent.
b. What is the total amount she will pay back?
c. What is the total interest amount?

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Financial Algebra Advanced Algebra With Financial Applications

ISBN: 9781337271790

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

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Question Posted: Sep 13, 2022 01:11 AM

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Maribel was approved for a 7-year private student loan at 6.8% to cover her college costs of

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Financial Algebra Advanced Algebra With Financial Applications

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