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Please show with financial calculator is possible. Thank you! A December graduate has borrowed $40,000 at 3% APR for 10 years. He defers his student

image text in transcribedPlease show with financial calculator is possible. Thank you!

A December graduate has borrowed $40,000 at 3% APR for 10 years. He defers his student loan payments for 6 months, then makes his first monthly payment at the start of July. The amount of interest that can he deduct on the following April 15 of the next year is closest to: $600 O$900 $590

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