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Jeremy needs to start paying back his student loan. The amount he owes is $14,069.80 with...

Jeremy needs to start paying back his student loan. The amount he owes is $14,069.80 with an APR of 6.94%. Assuming he will take 10 years, how much will his monthly payment be?

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Answer #1

As nothing was mentioned excel is used. If you need with PVIFA formula, let me know, will do that also. Thank you.

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