Question: please write out the entire number for the answers. do not abbreviate or shorten them. (Annuity payments) To pay for your education, you've taken out
please write out the entire number for the answers. do not abbreviate or shorten them.
(Annuity payments) To pay for your education, you've taken out $20,000 in student loans. If you make monthly payments over 15 years at 9 percent compounded monthly, how much are your monthly student loan payments? The monthly payment of your student loan is $. (Round to the nearest cent.)
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