Using the information below, choose the correct answers.
amount: $125,000
rate: 7.5...
Mathematics, 05.10.2019 10:10, ccompassimvu
Using the information below, choose the correct answers.
amount: $125,000
rate: 7.5 %
payments: 360 @ $874.02
total interest: $189,647.20
1. how much will be repaid for this loan?
a. 189,646.53
b. 125,000.00
c. 314,647.20
2. what percentage of this total is total interest?
a. 60.3%
b. 64.2%
c. 55.6%
3. what will be the average amount per payment for interest?
a. 347.22
b. 526.80
c. 874.20
Answers: 2
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