Huai takes out a 3100 student loan at 6.1% to help him with 2 years of community college. After finishing the 2 years, he transfers to a state university and borrows another 12,100 to defray expenses for the 5 semesters he needs to graduate. He graduates 4 years and 4 months after acquiring the first loan and payments are deferred for 3 months after graduation. The second loan was acquired 2 years after the first and had an interest rate 7.6% of . Find the total amount of interest that will accrue until payments begin. find the total amount of interest that will accrue for loan 1