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1. You acquire a $15000 unsubsidized student loan at 6.8% interest. You will graduate 4 years later. a. How much simple interest accumulates while you

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1. You acquire a $15000 unsubsidized student loan at 6.8% interest. You will graduate 4 years later. a. How much simple interest accumulates while you in still in school for an unsubsidized loan? b. If you capitalized the loan, what will be the balance when you graduate? c. After you graduate, you will begin making payments on your loan at 6.8% compounded monthly for 10 years. What is the monthly payment for this Joan? d. How much interest will be paid for this loan? e. Explain what it means if the loan is not capitalized. g. How much interest will you pay for the subsidized loan? h. What is the difference in savings for the subsidized loan

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