MODULE 9 #8

Anyone can help me out here ?

Fuufaro has been a full-time student at the University of Manioba for the past four yoars She has just completed her bacholor of commerce degree from the Asper School of Business and her last day of exams was Apnil 23 . Her total student loan is $31,000.00 she has decided to take her six-month grace period and convert it to principal then start making payments of $40000 per month using the variable interest rate of prime +2.5%. The prime rate at the start of the grace period was 3.54 , affer which it increased by 025% on August 25 . Complete the table below to determine the total principal Rufaro will owe at the end of the grace period. (Give an "Numbor of Days" quantities as fractions unth elononnator 365) Total simple interest charged dunng grace penod Total principal at end of grace penod