Question: Ben has been accepted into a 2-year culinary arts program at the Greenfield Career Institute. He has been approved for a $5.000 unsubsidized 10-year federal

Ben has been accepted into a 2-year culinary arts program at the Greenfield Career Institute. He has been approved for a $5.000 unsubsidized 10-year federal loan at 4.29% He knows he has the option of beginning repayment of the loan in 2.5 years. He also knows that during this nonpayment period, interest will accrue at 4.29%. How much interest will Ben accrue during the 2.5 year nonpayment period? 5425.90 3536,25 568752 575099

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