The FDA approved oxycodone in 1976. PRESCRIBED FOR: Oxycodone is prescribed for the management of pain severe enough to require daily, around-the-clock, long-term treatment with a narcotic, and for which alternative treatment options are inadequate for the relief of moderate to severe pain.he precise mechanism of action is not known but may involve stimulation of opioid receptors in the brain. Oxycodone does not eliminate the sensation of pain but decreases discomfort by increasing the tolerance to pain.
The repayment terms can be up to 30 years, but 20 or 25 years is more common. In practice, most borrowers choose longer repayment terms to reduce the monthly payment, even though this will cost more over the life of the loan. There isnât any really good data on the average time in repayment.
Now try increasing your monthly payment on your loan by $50. You will be amazed at the results. For a $95,000 loan at 7.0% if you pay $700/month, it takes you 22.5 years to pay off the loan, and you pay $93,780.03 in interest over the life time of the loan. For the same loan, if you pay $750 a month, the loan is paid off in 19.25 years , and the total interest is reduced to $78,146.45.