Lab Quiz Question 14 of 20 (1 point) | Question Attempt: 1 of 1 Time Remaining: 19:21 Reb 7 8 9 10 11 12 13 15 16 17 18 19 If you need to take out a $20,000 student loan 2 years before graduating, which loan option will result in the lowest overall cost to you: a subsidized loan with 6.9% interest for 10 years, a federal unsubsidized loan with 6.1% interest for 10 years, or a private loan with 5.0% interest and a term of 14 years? How much would you save over the other options? All payments are deferred for 6 months after graduation and the interest is capitalized. Part: 0 / 5 Part 1 of 5 (a) Find the total cost of the subsidized loan. The total cost of the subsidized loan is $ Round your answer to two decimal places, if necessary. X