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You are accessing your current financial situation, in particular, debt. You have two loans: a...

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Finance

You are accessing your current financial situation, in particular, debt. You have two loans: a student loan and a car loan. On your student loan, you are paying $556 a month with 78 months remaining at 7.5% APR. For the car loan, your monthly payment is $488 with 52 months left at 8.2% APR. What is your current total debt?

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