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Juanita takes out a federal unsubsidized loan for $ 1 4 , 1 0 0 with an interest rate of 6 . 2 % ,

Juanita takes out a federal unsubsidized loan for $14,100 with an interest rate of 6.2%, a term of 10 years, and payments deferred until 6 months after graduation. She decides not to capitalize the interest.
Part: 03
Part 1 of 3
(a) Find Juanita's monthly interest payment while in school. Assume a 30-day month. Round your answer to two decimal places, if necessary. Juanita's monthly interest payment while in school is $
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