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Often, through? government-supported programs, students may obtain? "bargain" interest rates such as? 6% or? 8% to...

Often, through? government-supported programs, students may obtain? "bargain" interest rates such as? 6% or? 8% to attend college.? Frequently, payments are not due and interest does not accumulate until the student stops attending college. A student has borrowed ?$52,000 at an annual interest rate of 6.9?%. Calculate the amount of interest due 5 months after the student must begin payments. The interest due is ?$

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00 am ent ha borrowed S2 omnual interent rate 69 Avww.cl Inlerest rate(r)?6.97. im e ear. mon 1 2 . Interest due ?A- 1495 e amountoerest is $ 1,495 due S monthm after the Student m begivm

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