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This helps you avoid making short-term decisions that may result in larger debts down the road.
Financial calculators include factors like depreciation and interest to help you make an informed decision.
Use a debt calculator to learn more about how repayment amounts affect your total debt bill.
Example:A fresh graduate has a $20,000 student loan at 6% interest.
You should take this information into account whenever deciding how to save or pay off debts.
Example:Someone considering amid-life career changemight wonder how this will affect their future financial situation.
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