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Suppose you are awarded a $5,000.00 unsubsidized student loan with an interest rate of 6.8%. If you make the standard monthly payments of $57.54 over 120 months, approximately how much will you pay in interest? OA. $1,904.00 OB. $2,404.00 OC. $1,404.00 OD. $2,904.00 Subr

Suppose you are awarded a $5,000.00 unsubsidized student loan with an interest rate of 6.8%. If you make the standard monthly payments of $57.54 over 120 months, approximately how much will you pay in interest? OA. $1,904.00 OB. $2,404.00 OC. $1,404.00 OD. $2,904.00 Subr

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Suppose you are awarded a $5,000.00 unsubsidized student loan with an interest rate of 6.8%. If you make the standard monthly payments of $57.54 over 120 months, approximately how much will you pay in interest? OA. $1,904.00 OB. $2,404.00 OC. $1,404.00 OD. $2,904.00 pos W Submi
Transcribed Image Text:Suppose you are awarded a $5,000.00 unsubsidized student loan with an interest rate of 6.8%. If you make the standard monthly payments of $57.54 over 120 months, approximately how much will you pay in interest? OA. $1,904.00 OB. $2,404.00 OC. $1,404.00 OD. $2,904.00 pos W Submi
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