Question: (b) Find the total interest for the given simple interest amortized loan. (Give yo Total interest $ 802.94 -/11 Points] DETAILS JMODD6 5.4.07COMBO. MY NOTES

(b) Find the total interest for the given simple interest amortized loan. (Give yo Total interest $ 802.94 -/11 Points] DETAILS JMODD6 5.4.07COMBO. MY NOTES ASK YOUR TEACHER Wade Ellis buys a new car for $16,113.82. He puts 10% down and obtains a simple interest amortized loan for the rest at 11 1/2% interest for four years. (Round all answers to the nearest cent.) (a).Find.his monthly payment. Enter a number. (b) Find the total interest. (c) Prepare an amortization schedule for the first two months of the loan. Payment Principal Interest Total Number Portion Portion Payment Balance 0 1 2 $ $ 4A Viewing Saved Work Revert to Last Response Submit Answer 5. [-/1 Points] DETAILS JMODD6 6.1.05B. MY NOTES ASK YOUR TEACHER

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