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Mathematics, 23.05.2021 05:30 cbawesome8

Consider a student loan of ​$ 25,00 at a fixed APR of 12 ​% for 20 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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