Question: Carol borrows $30,454 to help pay for expenses. The loan is for 7 years and carries an annual rate of 3.5%. If she plans

Carol borrows $30,454 to help pay for expenses. The loan is for

Carol borrows $30,454 to help pay for expenses. The loan is for 7 years and carries an annual rate of 3.5%. If she plans to make monthly payments, how much will she still owe after 3 years?

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