Suppose that your federal direct student loans plus accumulated interest total $33,966 at the time that you start repayment, and the interest rate is 4.29%. (Round your answers to two decimal places.)

(a)

If you elect the standard repayment plan of a fixed amount each month for 10 years, what is your monthly payment?

$

(b)

How much will you pay in interest?

$

However, because your accumulated outstanding federal loans total more than $30,000, you can elect to repay over 25 years instead.

(c)

If you do that, what is your monthly payment?

$

(d)

If you do that, how much in total will you pay in interest?