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Pat receives a series of four annual federally subsidized student loans, each for $5500 at 6.5%. To defray rising costs for her senior year, 3 years after acquiring the first loan she takes out a private student loan for $3800 at 7.4% interest with a term of 10 years and capitalizes the interest for her last year of college. She graduates 9 months after getting the private loan. Payments on all loans are deferred until 6 months after graduation. Find her monthly payment. Part: 0 / 3 Part 1 of 3 (a) Find the monthly payment on the federally subsidized loans. Round your answer to two decimal places, if necessary. The monthly payment on the federally subsidized loans is $