Juanita takes out a federal unsubsidized loan for $13,400 with an interest rate of 7.2%, a term of 10 years, and payments deferred until 6 months after graduation. She decides not to capitalize the interest. 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 $79.2 Alternate Answer: Juanita's monthly interest payment while in school is $79.20. Part 2 of 3 (b) What will her monthly payment be when payments begin? She graduates 5 years after acquiring the loan. Round your answer to two decimal places, if necessary. When payments begin, her monthly payment will be $ 156.97 Part: 2/3 Part 3 of 3 (c) How much less will she pay over the life of the loan by not capitalizing the interest? Round your answer to two decimal places, if necessary. By not capitalizing the interest, Juanita will save $ loan. over the life of the X

Juanita takes out a federal unsubsidized loan for $13,400 with an interest rate of 7.2%, a term of 10 years, and payments deferred until 6 months after graduation. She decides not to capitalize the interest. 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 $ Alternate Answer: Part 2 of 3 (b) What will her monthly payment be when payments begin? She graduates 5 years after acquiring the loan. Round your answer to two decimal places, if necessary. When payments begin, her monthly payment will be $ Part: 2/3 Part 3 of 3 (c) How much less will she pay over the life of the loan by not capitalizing the interest? Round your answer to two decimal places, if necessary. By not capitalizing the interest, Juanita will save $ over the life of the loan