Corona borrows $9,500 cover one-time college expenses in a federal student loan program at 3.8% interest. Assume Corona graduates 2 years and 4 months after the loan is acquired, and payments deferred 6 months after graduation. Recall: Daily interest = Balance x interest 365.25 Find the monthly interest (round to nearest cent) for a 30-day month. Find the interest will accrue (round to nearest cent) before regular payments start