45 90
/ \ / \
5 9 45 2
/ \ / \
3 3 5 9
5x3x3 / \
3 3
2x5x3x3
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 %
The answers to the questions are C=11 and D=3