Answer:
Step-by-step explanation:
a) The amount of concern is ...
(total interest)/(number of payments) = interest/payment
$14,644.95/120 ≈ $122.04 . . . . amount of interest per payment
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b) The ratio of concern is ...
(total interest)/(total payments) × 100% = 14,644.95/39,644.95 × 100%
≈ 36.94% . . . . percent of total payments that is interest
In mathematics, the term "center of dilation" refers to a constant point on a surface from which all other points are either enlarged or compressed. The center of dilation and the scale factor comprise the two properties of a dilation.
