Answer:
m=-48.6
Step-by-step explanation:
-27.5-m=21.1
m=-27.5-21.1
m=-48.6
<span>Let x = 0.5333333333 ...
So 100x = 53.3333333333 ...
and 10x = 5.3333333333 ...
---------------------------------
90x = 53 – 5 = 48.
So x = 48/90 = 8/15 after reduction to lowest terms (by factor of 6)
0.3333... = ⅓. and that 0.5 = ½.
So 0.533333... = 0.5 + 0.0333333...0.5 + 0.3333.../10 = 1/2 + (1/3)/10 = 1/2 + 1/30 = 16/30 = 8/15</span>
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 %
