Based on the information below, choose the correct answer. note: the monthly loan payment was calculated at 119 payments of $348.33 plus a final payment of $347.54. loan balance: $30,000.00 loan interest rate: 7.00% monthly loan payment: $348.33 number of payments: 120 cumulative payments: $41,798.81 total interest paid: $11,798.81 on average, what dollar amount of each monthly payment is interest? $ what percent of the total payments is total interest? %
Based On The Information Below, Choose The Correct Answer. Note: The Monthly Loan Payment Was Calculated At 119 Payments Of $348.33 Plus A Final Payment Of $347.54. Loan Balance: $30,000.00 Loan Interest Rate: 7.00% Monthly Loan Payment: $348.33 Number Of Payments: 120 Cumulative Payments: $41,798.81 Total Interest Paid: $11,798.81 On Average, What Dollar Amount Of Each Monthly Payment Is Interest? $ What Percent Of The Total Payments Is Total Interest? %
Best apk References website
Based On The Information Below, Choose The Correct Answer. Note: The Monthly Loan Payment Was Calculated At 119 Payments Of $348.33 Plus A Final Payment Of $347.54. Loan Balance: $30,000.00 Loan Interest Rate: 7.00% Monthly Loan Payment: $348.33 Number Of Payments: 120 Cumulative Payments: $41,798.81 Total Interest Paid: $11,798.81 On Average, What Dollar Amount Of Each Monthly Payment Is Interest? $ What Percent Of The Total Payments Is Total Interest? %. To find the average interest paid per month, we need to divide the total interest paid by the total number of payments. The monthly loan payment was calculated at 119 payments of $367.96 plus a final payment of $367.57.
Based on the information below, choose the correct answer. Note The from brainly.com
To find the average interest paid per month, we need to divide the total interest paid by the total number of payments. Total interest paid = $9,118.32 ; Interest portion of the payment = total interest paid / number of payments;
To Find The Average Interest Paid Per Month, We Need To Divide The Total Interest Paid By The Total Number Of Payments.
The monthly loan payment was calculated at 119 payments of $367.96 plus a final payment of $367.57. Total interest paid = $9,118.32 ; The monthly loan payment was calculated at 119 payments of $348.33 plus a final payment of $347.54.
Based On The Information Below, Choose The Correct Answers.
To find the dollar amount of each monthly payment that is interest, subtract the principal (loan balance) from the total interest paid and divide by the number of payments. The monthly loan payment was calculated at 119 payments of $232.22 plus a final payment of $231.69. The monthly loan payment was calculated at 119 payments of $242.66 plus a final payment of $241.78.
Interest Portion Of The Payment = Total Interest Paid / Number Of Payments;