Answer:
Mean Absolute Deviation (MAD): 1.6
Lol, wydm???????????????????
You should divide 48,000 by 12 which is 4000+ 2000=6000
So it should be $6000
Hope this is right I’m not 100%
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 %
