Notes - University of Utah

Rate[m] = APR for that month (Use APR vs. APY formula.) Deposit[m] = whatever amount was deposited that month Unsubsidized Sta ord Loans During Grace Period Balance[m] = total amount borrowed to date Interest[m] = Balance[m] 1 12 APR When grace period ends, nd SUM() of Interest column. Add this to Balance ................
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