Colleen took out a $48,000 student loan with a fixed interest rate to pay for college. Colleen did not make payments on her loan for a period of 7 years. After this time period interest had accrued, resulting in the loan balance increasing to $78,000. a. What is is the 7-year growth factor for the amount that Colleen owes on the loan? Preview b. What is the 7-year percent change for the amount that Colleen owes on the loan? % Preview c. What is is the 1-year growth factor for the amount that Colleen owes on the loan? Preview d. What is the 1-year percent change for the amount that Colleen owes on the loan? % Preview Submit