Ruth graduated from college with $29,000 in student loan debt. The annual rate on her loans is

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Ruth graduated from college with $29,000 in student loan debt. The annual rate on her loans is 7 percent simple interest, and she will make monthly payments for 10 years. Her monthly payment is $337. What is the APR?

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Posted Date: Feb 15, 2021 01:45 AM

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Ruth graduated from college with $29,000 in student loan debt. The annual rate on her loans is

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APR 394 Solution Total payment after 10 years 337m... View the full answer

Personal Finance Building Your Future

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