Question: Pleasehelp and explain Lacy has a ( $ 46,500.00 ) student loan when she graduates on May 4 , and the prime rate is set

Pleasehelp and explain Lacy has a $ \$ 46,500.00 $ student loan when she graduates on May 4 , and the prime rate is set at $ 5.5 \% $. She has decided at the end of the grace period to convert the interest to principal, 2 answers

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