What monthly interest rate is being charged

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Question: In 2014, the average debt for college student loans is $32300. This amounts to a $300 monthly payment for a "standard" loan payment plan over 10 years. What monthly interest rate is being charged on this typical student loan? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131884735

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