Question

Mona takes out a $12,000 student loan to help pay for her first 2 years of college, then 2 years later needs another loan for $14,000 to get her through to graduation. She graduates 4 years and 9 months after acquiring the first loan, and payments are deferred until 6 months after graduation. The interest rate on both loans is 6.8%
Find the total amount of interest that will accrue until payments begin.