-) A student receives a federally backed student loan of $6,000 at 3.5% interest compounded monthly. After finishing college in 2 years, the student must amortize the loan in the next 4 years by making equal monthly payments. What will the payments be and what total interest will the student pay? Hint: First find the amount of debt the student has at the end of 2 years, then amortize this amount over the next 4 years. (10 points)