Question: Question 10 1 pts Rami makes the same payment every two months to pay off his $61,600 loan. The loan has an interest rate of

Question 10 1 pts Rami makes the same payment every two

Question 10 1 pts Rami makes the same payment every two months to pay off his $61,600 loan. The loan has an interest rate of 9.84%, compounded every two months. If Rami pays off his loan after exactly eleven years, how much interest will he have paid in total? Round all dollar values to the nearest cent. $39,467.12 39,695.48 $39,294.26 $3,136.29

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