Mathematics, 11.03.2021 16:50 jose0765678755
PLEAS HELP, IM FAILING CLASS AND THIS WILL HELP, 50 POINTSSS
Mia has been accepted into a 2-year Medical Assistant program at a career school. She has been awarded a $6,000 unsubsidized 12-year federal loan at 2.49%. 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 2.49%. Suppose Mia only paid the interest during her 2 years in school and the six-month grace period.
How much interest did she pay during her 2 years in school and the six-month grace period?
Will the federal government recalculate her loan?
Determine her monthly payment for the 12-year loan.
What is the total amount of her monthly payments?
What will she pay in interest over the term of her loan?
How much interest will she pay as a total?
Answers: 2
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PLEAS HELP, IM FAILING CLASS AND THIS WILL HELP, 50 POINTSSS
Mia has been accepted into a 2-year Me...
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