How much will the annual payments

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Reference no: EM13732488

A Wartburg engineering student graduates with student loans in the amount of $41400 that have a repayment APR of 7.66%.

a) How much will the annual payments be if they intend to pay off the loans in 14 years?

b) What would the annual payments be if they decide to pay them off in 24 years instead?

Reference no: EM13732488

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