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  • 17-12-2022
  • Business
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ted is a freshman attending a 4-year college. he has been approved for an $8,000 subsidized (which means the us dept of ed will cover the interest during the nonpayment period) federal loan at 4.29%. how much will the u.s. department of education subsidize in interest costs during his 4.5-year nonpayment period?

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