Question: Tyson used the Quantitative Reasoning Procees to create a plan to pay off his student loans of $4,660. The interest rate on his loan is

Tyson used the Quantitative Reasoning Procees to create a plan to pay off his student loans of $4,660. The interest rate on his loan is 1.9% annually and he plans to make monthly payments of $42.67 for 10 years. Complete months 1 and 2 of the amortization table below.

How much of Tyson's payment goes to Interest in Month 2?

Month Beginning Balance Payment: To Interest Payment: To Principal Ending Balance
1
2 ??
3

(Round your FINAL answer to the nearest cent.)

$

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