Question: The third file is for a client named Alexei. Alexei took out a personal loan exactly one year ago with Harrison Bank. From his file,

 The third file is for a client named Alexei. Alexei took
out a personal loan exactly one year ago with Harrison Bank. From

The third file is for a client named Alexei. Alexei took out a personal loan exactly one year ago with Harrison Bank. From his file, you have noted the following information: - Original loan amount 537,000 - Current loan outstanding: $31544.17 - Monthly repayment: $780 - Next repayment Due exactly 1 month from now - interest rate on loan: 12=11.3% Question 9 How much interest has Alexei been charged over the past year? Give your answer to the nearest cent, and do Nor include a dollar sign Notretsaved Markind out of Answer: Fitat Guetian If Alevei contimues making monthly repayments of 3760 , and if the interest fate does not change, how mayy further fuLt repar to have to make in oeder to repay the laan? Do NOT include ary final smaller repwyent to pay dff the renairing kulance Arsower

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