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Consider a student loan of $22,500 at a foced APR of 9% for 15 years. a. Calculate the monthly payment b. Determine the total amount

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Consider a student loan of $22,500 at a foced APR of 9% for 15 years. a. Calculate the monthly payment b. Determine the total amount paid over the torm of the loan c. Of the total amount pad, what percontage is paid toward the principal and what percentage is paid for interest a. The monthly payment is $ (Do not round unbl the final answot. Then round to the nearest cent as needed) b. The total payment over the term of the loan is $ (Round to the nearest cont as needed) c. Of the fotal payment over the torm of the loan. Wo is paid toward the principal and % is paid toward interest (Round to the noarest lenth as needed)

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