document.write( "Question 230176: i owe 8,000 on student loan. My interset rate is 4.5 % I pay 125 a month. usually 95 goes to principle and the other 30 goes to interest. I want to know if this is correct? \n" ); document.write( "
Algebra.Com's Answer #170831 by ankor@dixie-net.com(22740)![]() ![]() You can put this solution on YOUR website! That sounds about right, you can check the interest/principal value for each month \n" ); document.write( "on this website. Calculate, then click \"show amortization table\r \n" ); document.write( "\n" ); document.write( " www.bankrate.com/calculators/mortgages/loan-calculator.aspx \n" ); document.write( " |