Mitch is attending a 4-year college. As a freshman, he was approved for a 10-year,
federal unsubsidized student loan in the amount of $8,100 at an APR of 4.29%. Mitch
decides to make no payments during the 4.5-year deferment period. After interest is
capitalized at the end of the 4.5-year period, what will his new principal amount be?
O $8,982.28
O $9,018.28
O $9,663.71
O $10,392.22