Question:

consider a student loan for $17,500 at a fixed APR of 9% for

Last updated: 7/4/2022

consider a student loan for $17,500 at a fixed APR of 9% for

consider a student loan for $17,500 at a fixed APR of 9% for 15 years a. calculate the monthly payments 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