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26-09-2022
Mathematics

Answered

Britta has been accepted Into a 2-year Medical Assistant program at a career school. She has been awarded a $6,000 unsubsidized 10-year federal loan at 4.29%. She knows
she has the option of beginning repayment of the loan in 2.5 years. She also knows that during this nor-payment time, interest will accrue at 4.29%.
How much Interest will Britta accrue during the 2.5-year non-payment period?

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