Noah took out $19,002 in private student loans at 15 percent APR. His cousin Ava...

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Finance

Noah took out $19,002 in private student loans at 15 percent APR. His cousin Ava took out the same amount of student loans, but she got a federal student loan with an APR of 4.75 percent. What is the difference in the amounts Noah and Ava will pay for their student loans (over 10 years), assuming the interest starts accumulating on the same day?

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