All you gotta do is add up the two sides and then subtract it from 47.3 .
So 10+17.3= 27.3
47.3-27.3= 20
Well... One way you can do this is by testing a set of arrays and see the trend. If I chose to find what y1 is in (100, y1) and what y2 is in (101, y2), I would find the difference between y2 and y1. If y2 - y1 is positive, this means there is a positive relationship and y is also approaching POSITIVE infinity. A negative relation means that it is approaching NEGATIVE infinity. However, it could be approaching a single number like "4" for instance, and you just need to plug in the right number of data sets to make that educated guess.
Formula Example:
5 + 1 / (x + 1) will always approach 5 because "1 / (x + 1) will approach 0".
Hope this helps.
Since there are 120 payments in total
Then the total
interest paid is $ 9,118.32
The monthly interest = $ 9,118.32 / 120
The monthly interest = $ 75.99 per month
% total interest = ( $ 9,118.32/ 29,118.32) x 100
% total interest = 31.31 %
