1. --------------------------------- on a student loan is (are) sometimes tax deductible.

total interest and the principal amount paid

interest paid

interest and the principal amount paid over the first 5 years

interest and the principal amount paid over the first 3 years

2. You are borrowing $5,000 at a 9% interest rate. The total finance cost will be the highest in a-----

48-month repayment plan

24-month repayment plan

36-month repayment plan

12-month repayment plan