Question: 29 1 point How Did I Do? Nick used the Quantitative Reasoning Process to create a plan to pay off his student loans of $5,060.
29 1 point How Did I Do? Nick used the Quantitative Reasoning Process to create a plan to pay off his student loans of $5,060. The interest rate on his loan is 1.9% annually and he plans to make monthly payments of $46.33 for 10 years. Complete months 1 and 2 of the amortization table below. How much of Nick's payment goes to Interest in Month 2? Month Beginning Balance Payment: To Interest Payment: To Principal Ending Balance 1 2 ?? 3 (Round your FINAL answer to the nearest cent.) $ Number
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