Question: QUESTION 3 Mark realizes that he will have to borrow $6500 to pay for his last year of college at an interest rate of 4.45%.

QUESTION 3 Mark realizes that he will have to borrow $6500 to pay for his last year of college at an interest rate of 4.45%. He will have to start paying back this loan 6 months after graduation. (This is 1 year and 3 months from the time he borrowed the money.) a.) If the loan is subsidized, what is his approximate account balance before payments begin? b.) is the loan is unsubsidized, what is his approximate account balance before payments begin

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