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Mathematics, 20.02.2022 14:00 ktenz
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? %.
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