Consider a student loan of $17 comma 500 at a fixed apr of 9% for 15 years.

a. the monthly payment is $
(round to the nearest cent as needed.)

b. the total payment over the term of the loan is $
(round to the nearest cent as needed.)

c. of the total payment over the term of the loan, % is paid toward the principal and % is paid toward interest.
(round to the nearest tenth as needed.)

  a) monthly payment: $177.50

  b) total amount paid: $31,950

  c) toward principal: $17,500; toward interest: $14,450

Step-by-step explanation:

a) The amount of the monthly payment (A) is computed from the principal (P), the annual interest rate (r) and the number of years (n) using the formula ...

  A = P·(r/12)/(1 -(1 +r/12)^(-12n))

Filling in your numbers, we can use r/12 = 0.09/12 = 0.0075, and 12n = 12·15 = 180:

  A = $17500·0.0075/(1 - 1.0075^-180) ≈ $177.50

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b) The total payment over the term of the loan is 180 of these monthly payments:

  180·$177.50 = $31,950

__

c) $17,500 is paid toward the principal.

 $14,450 is paid toward interest.

the central idea is that:

individuals should refuse to cooperate with institutions they believe unjust.

thoreau felt  that governments were more often agents of corruption than justice, even democracies, and that just because the majority feels a certain way does not make it just or correct in absolute terms. he uses the fact that slavery exists in our democracy to support this idea.

he goes on to say that, as a result, people should live true to their own internal laws regarding right and wrong, as a product of reflection and a moral life, rather than following every law that society imposes. 

step-by-step explanation:

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