1. You borrow $73,000 to attend college, and will repay your loan at 3.925% APR. Calculate... a. Your monthly repayment if you choose standard repayment. b. Your total repayment if you choose standard repayment. c. The amount of interest repaid if you choose standard repayment. d. Your monthly repayment if you choose extended repayment. e. Your total repayment if you choose extended repayment. f. The amount of interest repaid if you choose extended repayment. g. Your total savings if you elected standard repayment. 2. You borrow $54,900 to attend college, and will repay your loan via standard repayment at 4.11% APR... a. How much interest do you repay on your first monthly payment? b. How much principal do you repay on your first monthly payment? c. How much interest do you repay in total over the life of the loan? 3. You borrow $43,222 to attend college, and will repay your loan at 4.035% APR. How much more principal do you repay on your first monthly payment if you are doing standard repayment, opposed to extended repayment? 4. If your monthly student loan repayment is $881.33, and you are repaying the loan via standard repayment at 3.93% APR, how much did you borrow? 5. If your monthly student loan repayment is $143.76, and you are repaying the loan via extended repayment at 4.2% APR, how much did you borrow? 6. Assume you and a relative both borrowed $38,000 for college (at different times). You both chose standard repayment. Your loan APR is 3.88%, while your (older) relative repaid their loan at 6.44%, How much less will you repay in total? 7. You elect extended repayment of your student loans, and must repay $508.92/month. Your loan APR is 3.73%. How much money would you save if you repaid your debt with standard repayment instead? .42 -3 + 8 = 719 Solye for x correct to the nearest hundredth