Question: On January 1 , Daniel borrows $5100 with a fixed annual interest rate on the loan of 9% and a loan term of 2 years.

On January 1 , Daniel borrows $5100 with a fixed annual

On January 1 , Daniel borrows $5100 with a fixed annual interest rate on the loan of 9% and a loan term of 2 years. He will be making monthly payments of $235.34. How much of Daniel's fifth loan payment would be interest charged? $33.78.$32.27$30.75.$35.28.

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