Since there are 120 payment and the total interest paid was
$ 14,644.95. so the average monthly interest can be calculated by:
Average monthly interest = $ 14,644.95 / 120
Average monthly interest = $ 122.04
% total interest = ($ 14,644.95) / $ 39,644.95 x 100
% total interest =36.94 %
Can you expand the question into math formula? Please make it clear
I need points for a test please don’t report
All you have to do is divide 92 by 6 and you get your answer. The remainder is the spaces she'll have left
I would assume so since it is a repeating decimal.