Intro You took out a student loan in college and now have to pay $1,600 every year for 15 years, starting one year from now. The annual interest rate on the loan is 7%. Part 1 (1) Attempt 5/10 for 6 pts. What is the your student loan balance as of now? Intro You took out a student loan in college and now have to pay $1,600 every year for 15 years, starting one year from now. The annual interest rate on the loan is 7%. Part 1 (1) Attempt 5/10 for 6 pts. What is the your student loan balance as of now