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For the given student loan, find the interest that accrues in a 30 day month, then find the total amount of interest that will accrue

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For the given student loan, find the interest that accrues in a 30 day month, then find the total amount of interest that will accrue before regular payments begin, again using 30 day months. 2. P 100, 000 at 8% interest ; student graduates 4 years and 3 months after loan is acquired; payments deferred for 5 months after graduation

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