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TheJag18:
(Student Loans LC) A student is graduating from college in 18 months but will need a loan in the amount of $4,590 for the last three semesters. The student receives a PLUS Loan with an interest rate of 6.3%, compounded monthly. What is the balance of the PLUS loan at the time of graduation? $5,204.64 $5,102.07 $5,043.66 $4,968.93
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Deadshot:
$5,102.07
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