If your monthly student loan repayment is $804.11, and you are repaying the loan via standard repayment

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If your monthly student loan repayment is $804.11, and you are repaying the loan via standard repayment at 3.9% APR, how much did you borrow? Round your final answer to the nearest dollar. The loan is subsidized.

Related Book For answer-question

Horngrens Accounting

ISBN: 978-0133855371

10th Canadian edition Volume 1

Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood

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Posted Date: Apr 02, 2024 03:37 AM

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If your monthly student loan repayment is $804.11, and you are repaying the loan via standard repayment

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To find out how much you borrowed we can use the formula for calculating the monthly payment on a lo... View the full answer

Horngrens Accounting

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