As an incoming college freshman, Tina received a 10-year $15,100 Federal Direct
Unsubsidized Loan with an interest rate of 4.29%. She knows that she can begin making
loan payments 6 months after graduation but interest will accrue from the moment the
funds are credited to his account. How much interest will accrue while she is still in
school and over the 6-month grace period for this freshman year loan?
O $2,813.28
O $2,915.06
O $3,001.32
O $3,102.38