Question: MY NOTES ASK YOUR TEACHER PRACTICE AN 1. [3.75/5 Points) DETAILS PREVIOUS ANSWERS Assume that you take out a $2000 loan for 30 months at
MY NOTES ASK YOUR TEACHER PRACTICE AN 1. [3.75/5 Points) DETAILS PREVIOUS ANSWERS Assume that you take out a $2000 loan for 30 months at 8.5% APR. What is the monthly payment? (Round your answer to the nearest cent.) $7424 If you make the payment you just calculated every month for 30 onths, how much will you have paid altogether? $ 2.227 20 If you make the payment you just calculated every month for 30 months, what is the dollar amount of interest paid altogether? $ 227 20 If you make the payment you just calculated every month for 30 months, what is the percentage of interest paid altogether? Round the percentage to one decimal place. Show My Work
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