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Sally Will Pay $10,560 on Her Student Loan Over the Next

Question 131

Multiple Choice

Sally will pay $10,560 on her student loan over the next 4 years. If $220 is automatically deducted from her bank account each month to pay off the loan, how much does she still owe after one year?


A) $7920
B) $13,200
C) $2640
D) $8360

Correct Answer:

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