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lana [24]
3 years ago
8

Based on the information below, choose the correct answer.

Mathematics
2 answers:
frez [133]3 years ago
7 0

Answer:

On average, what dollar amount of each monthly payment is interest? 98.32

What percent of the total payments is total interest? 28.2

Step-by-step explanation:

Soloha48 [4]3 years ago
3 0
Hi there

dollar amount of each monthly payment is interest
11,798.81÷120
=98.32

percent of the total payments is total interest
(11,798.81÷41,798.81)×100
=28.23%

Hope it helps
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