On a $350,000 30-year mortgage at 8 percent, the monthly PI payment is $2,568.18. On the first payment, how much is applied to reduce the principal?

There are certain modes of governing the people which will succeed. there are others which will not. the idea of consolidation is abhorrent to the people of this country." —william grayson, 1788 which of the following is a true statement about this quote? 1) it represents a federalist viewpoint on the relative power of the central government. 2) it represents an anti-federalist viewpoint on the relative power of the central government. 3) it represents a federalist viewpoint on the need for protection of individual liberties. 4) it represents an anti-federalist viewpoint on the need for protection of individual liberties.