Respuesta :
Answer:
1) $538,894.8
2) 58.24%
3). 871.93
Step-by-step explanation:
1) Total amount which will be repaid = Amount + total interest =
= $538,894.8
2) Let the percentage of total amount that is interest be x
x% ×538,894.8 = 313894.8
x = 58.24%
3) Average amount per payment for interest = [tex]\frac{Total interest}{No. of payments}[/tex]
= $871.93
Answer:
1) $538,894.8
2) 58.24%
3). 871.93
Step-by-step explanation:
1) Total amount which will be repaid = Amount + total interest =
= $538,894.8
2) Let the percentage of total amount that is interest be x
x% ×538,894.8 = 313894.8
x = 58.24%
3) Average amount per payment for interest =
$871.93
