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Question 2 (3 points) After graduation, Sam's OSAP loan is $22 860. To pay off the loan at 4.5%, she will make 120 monthly payments

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Question 2 (3 points) After graduation, Sam's OSAP loan is $22 860. To pay off the loan at 4.5%, she will make 120 monthly payments of approximately $375 50 If the interest rate was 5.25% she would make 120 monthly payments of approximately $427.38. Compare the total amount of interest on the loan at 4.5% with the amount of the loan at 5.25% a) How much more would Sam pay on the 5.25% loan than on the 4596 loan

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