Kenise will begin college as a freshman next fall and has received a 10-year $5,500 Federal Direct Unsubsidized Loan with an interest rate of 6.8%.She will be required to begin making payments six months after graduation.How much interest will accrue while she is still in school and over the six-month grace period?

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The Answer of Kenise will begin college as a freshman next fall and has received a 10-year $5,500 Federal Direct Unsubsidized Loan with an interest rate of 6.8%.She will be required to begin making payments six months after graduation.How much interest will accrue while she is still in school and over the six-month grace period?

Kenise Will Begin College as a Freshman Next Fall and Has