12. 10/1 Points! DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Rounding in the calculation of monthly interest rates is discouraged. Such rounding can lead to answers offerent from those presented here. For long-term, the affermces may be pronunc Assume that you take out a $2000 loan for 10 months at 9:55 APR How much of the first mont's payment is interest and your store nearest.cont) 5 Su Are 13. 1-1 Points) DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER In one instance, a financial institution and you 160,000 for two years at an APR 09.75for which you must make my money and 160,000 for two years at an APR of 9.754 compounded monthy What is the difference is the amount of red (Round your answer to the rest