2. Suppose that you borrow $7500 on September 1 before your junior year. You will graduate 21 months later, on June 1, and you will have 6 months of grace period. So you plan to begin paying the loan back on December 1, 27 months after you took it out. But you do not pay any of the interest as it accumulates. How much will you owe on that December 1, and how much of that will be interest?