Question: 4 - 1 9 . In 2 0 1 7 , the average debt for college student loans is $ 2 8 , 7 0

4-19. In 2017, the average debt for college student loans is $28,700. This amounts to a $330 monthly payment for a standard loan repayment plan over 10 years. What monthly interest rate is being charged on this typical student loan? (4.6)

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