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? %

Data are collected to see how many ice-cream cones are sold at a ballpark in a week. day 1 is sunday and day 7 is the following saturday. use the data from the table to create a scatter plot.

Combine the information in the problem and the chart using the average balance method to solve the problem.

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