Mathematics
Mathematics, 11.02.2021 01:00, deojahnaeb37

Consider a student loan of ​$15000 at a fixed APR of 12% for 25 years. a. Calculate the monthly payment. b. Determine the total amount paid over the term of the loan. c. Of the total amount​ paid, what percentage is paid toward the principal and what percentage is paid for interest.

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Consider a student loan of ​$15000 at a fixed APR of 12% for 25 years. a. Calculate the monthly paym...

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