Mathematics
Mathematics, 22.09.2019 13:30, ashleybarrera2000

Based on the information below, choose the correct answers.
note: the monthly loan payment was calculated at 119 payments of $330.38 plus a final payment of $329.73.
loan balance: $25,000.00
loan interest rate: 10.0%
monthly loan payment: $330.38
number of payments: 120
cumulative payments: $39,644.95
total interest paid: $14,644.95
on average, what dollar amount of each monthly payment is interest? $
what percent of the total payments is total interest? %

answer
Answers: 1

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Do you know the correct answer?
Based on the information below, choose the correct answers.
note: the monthly loan payment wa...

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