You estimate that you will have $24,500 in student loans by the time you graduate. The APR of the loan is 6.5%. If you want to have this debt paid in full within ten years, how much must you pay each month? Suppose that you are required to make payment at the end of each month. Also, please fill in the following amortization table of the loan for the first month and show your calculations in details.

Month	Beginning of Month loan Balance	Monthly Payment	Interest	Scheduled Principal Repayment	End of Month Loan Balance
1