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9. A student borrows $10,250 to pay for their associate's degree using an unsubsidized student loan at 5.05% interest. Assume a 10 year loan. a.

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9. A student borrows $10,250 to pay for their associate's degree using an unsubsidized student loan at 5.05% interest. Assume a 10 year loan. a. Find the amount of interest that accrues if she graduates 2 years after acquiring the loan and payments begin 6 months after graduation. (4 pts) b. If her loan is a 10 year loan, what will be the monthly payments assuming all conditions from a. (4 pts) c. What is the total cost of the student's education? Is the cost worth it? Explain your reasoning. (4 pts)

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