PLEASE HELP URGENT 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 non-payment time, interest will accrue at 4.29%
a. How much interest will Britta accrue during the 2.5-year nonpayment period?
b. If Britta decides to make no payments during the 2.5 years, will the new principal be when she makes loan payments?
c. Suppose Britta only paid the interest during her 2 years in school in the 6-month grace period. What will she pay in interest over the term of her next loan