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supposes you takw out a fedral loan before your senior year and you borrow $ 6 5 0 0 , at an interest rate of

supposes you takw out a fedral loan before your senior year and you borrow $6500,at an interest rate of 4.90%on September 1before your junior year and plan to begin paying it back December 1after graduation and grace period of 27months later. But you do not pay any of the interest as it accalamtes. How much would you owe then and how much would the interest be?

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