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24 May, 14:50

Using the information below, choose the correct answers. Amount: $100,000 Rate: 7% Payments: 360 @ $665.31 Total Interest: $139,511.60

How much will be repaid for this loan? $

What percentage of this total is total interest?

What will be the average amount per payment for interest? $

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  1. 24 May, 16:29
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    360*665.71=239,655.6

    (139,511.60:239,655.6) * 100=58.21%

    139,511.6:360=387.53
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