Sarah looks at these results and realizes her monthly payment would be lower with most of the income-based repayment plans. But then, she looks at the Total Amount Paid and realizes that the loan price increases when she chooses these plans. How is this possible -- that her monthly payment is lower but her total payments are higher?

Sarah looks at a monthly payment that is lower than the base repayment plans. After she looks at the total amount paid she realizes that the increase in the loans process.

Learn more about these results and realizes her monthly payment.

link.

Interest accrues given more time

Explanation:

Income-based repayment plans are usually for those who don't make a lot of money and so would like to pay smaller instalments towards debt repayments. These plans will cap the monthly instalments to between 10% - 20% of her income.

The problem with these however is that with lower monthly/periodic payments, the debt will take longer to be paid off. This will give interest more time to accrue on the debt and will ultimately result in her paying more than she would have if she doesn't use income-based repayment plans.

1. the group that formally abolished the monarchy was the roundheads. after the monarchy was abolished, the english commonwealth was created. it was led by oliver cromwell, who later took the title lord protector. this leader was a puritan, meaning that he supported removing catholic rituals from the church of england.

2. identify a central idea in the bill of rights.

a.   the monarch could only exercise power as stated in the law.

3. ascended the english throne as   a joint monarch after accepting   the bill of rights   mary ii

appointed catholics as government   officials and recruited them in the   army

james ii

conquered ireland and established   the commonwealth

oliver cromwell

lost a long, bloody civil war against   forces loyal to parliament

charles i

was crowned king after a period   of commonwealth rule in england

charles ii

4. identify two effects of the glorious revolution on the english monarchy.

the idea of monarchs ruling by divine right was rejected.

a limited, constitutional monarchy was established.

5. what are two ways the bill of rights opposes the idea of the divine right of kings?

it stated that the monarch's power was subject to limits set by parliament.

it abolished the role of the monarch as the head of the church of england.